First possession theory of property | Wikipedia audio article
Channel: Subhajit Sahu
Date: 2018-11-30

This is an audio version of the Wikipedia Article:
First possession theory of property

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SUMMARY
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The "first possession" theory of property holds that ownership of something is justified simply by someone seizing it before someone else does. This contrasts with the labor theory of property where something may become property only by applying productive labor to it, i.e. by making something out of the materials of nature.