Ars Technica has an interesting article on the subject
here.
One excerpt:
Quote:
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The fundamental lesson is that property rights are not—and never have been—created by Congressional fiat. Property rights emerge spontaneously from the social fabric of a community. The job of the legislature is not to create a property system from scratch, but to formalize the property arrangements that communities have already agreed upon among themselves. A system of property rights will only be effective if it is widely viewed as legitimate.
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