PowerSwitch

A private property economy is not built upon the trading of pieces of the world really. It is built upon a market of government-issued violence vouchers. These violence vouchers are what really establish what we call “ownership.” These violence vouchers are what coerce people to trade. These violence vouchers are what make “ownership” over pieces of the world at all valuable. It is these well-placed threats of violence that actually animate the so-called “voluntary” capitalist economy, and descriptions of the institution of property that fail to capture this core reality are inadequate.