[Massquest-dev] NUMBER ONE Success System

[Tommy Lee]

http://www.noss123.com/

Among contemporary political thinkers who believe that human individuals
enjoy rights to own property and to enter into contracts, there are two
views about John Locke. On the one hand there are ardent Locke admirers,
such as W.H. Hutt (1956), who praised Locke for laying down the
"quintessence of individualism." On the other hand, there are those such as
Richard Pipes who think that Locke's arguments are weak, and that undue
reliance thereon has weakened the cause of individualism in recent times.
Pipes has written that Locke's work "marked a regression because it rested
on the concept of Natural Law" rather than upon Harrington's sociological
framework.

Hernando de Soto has argued that an important characteristic of capitalist
market economy is the functioning state protection of property rights in a
formal property system where ownership and transactions are clearly
recorded. These property rights and the whole formal system of property make
possible:

   - Greater independence for individuals from local community
   arrangements to protect their assets;
   - Clear, provable, and protectable ownership;
   - The standardization and integration of property rules and property
   information in the country as a whole;
   - Increased trust arising from a greater certainty of punishment for
   cheating in economic transactions;
   - More formal and complex written statements of ownership that permit
   the easier assumption of shared risk and ownership in companies, and
   insurance against risk;
   - Greater availability of loans for new projects, since more things
   could be used as collateral for the loans;
   - Easier access to and more reliable information regarding such things
   as credit history and the worth of assets;
   - Increased fungibility, standardization and transferability of
   statements documenting the ownership of property, which paves the way for
   structures such as national markets for companies and the easy
   transportation of property through complex networks of individuals and other
   entities;
   - Greater protection of biodiversity due to minimizing of shifting
   agriculture practices.

All of the above enhance economic growth.[4]
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