Capitalism Quote by Thomas J. DiLorenzo
““When it comes down to it, what are being traded in a capitalist economy are property rights—the ownership rights in goods and services.””
About This Quote
Source Book: "Capitalism and the Law", 1996
In capitalism, the core exchange is the transfer of property rights over goods and services.
In simple terms: Capitalism trades property rights.
Protect property rights.
Themes
Mood
Type
When to use this quote
- business contracts
- real estate
- intellectual property
- consumer purchases
Key Concepts
Questions to Reflect On
- How do property rights affect market fairness?
- What mechanisms protect these rights?
Rights can be contested or unclear.