An Argument for Personal Property From My Brain

My brain made a connection between two concepts I have been thinking about. It did this without my consent and therefore takes full responsibility for its conclusions. The connection made was an argument for the fundamental right to personal property and time-price. Since we are in a time where definitions need to be made from twice baked clay, let me briefly lay out the terms and their definitions. 

A fundamental right is a freedom given by God, not conferred by any human institution. We came from the factory with this freedom; it is not an after market modification. The right to life is among these fundamental rights. God is the one who alone gives life and therefore no one can take it upon themselves to rob it from anyone. Personal property is the stuff you own – nothing too exciting there. 

To show the connection I am talking about I first need to introduce the concept of time-price which may be unfamiliar, but is actually as old as the hills. 

We have all heard the phrase “time is money”. Well, some economists are taking the concept of time as the most reliable and non-fungible form of money. Time is the only resource you cannot make more of. It cannot be copied, duplicated, inflated, conflated or any other type of -flated. We all get the same amount of time regardless of location, vocation, or any other kind of -ation. Your time, the limited resource you were given, has value and can exchanged for goods and services. We can view our purchases through the cost to us in dollars, or we can view the cost in terms of life hours given in exchange.

For example, if you have your eye on a sparkly new 2021 Chevy Camaro, it’s going to set you back 25K. Now if you get paid $25 an hour that will take you 1,000 hours of flipping burgers to pay off. This means the time-price of the car for you is 1000 hours. Those are hours of your life you are giving up for this car. Since time only moves in one direction, you cannot get those hours back. You are giving a portion of your life for the car and that in return car becomes your property. It is a result of your labor, your life.

Now since life is given by God and therefore is a fundamental right, and you freely chose to exchange some of your life for this piece of property, then it cannot be taken from you. To do so would be to take a portion of your life which is not within the jurisdiction of anyone else to take. 

Since I have a right to my life given by God, and I am exchanging a portion of this life for a particular object, it is a representation of my life’s hours given in exchange for it. Private property is, therefore, a fundamental right from God.

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