Chapter
The Relationship Between Property and Capitalism
14:04 - 20:42 (06:37)
The notion of property is the socially acknowledged relationship of a human and an asset, whereby the individual has exclusive rights and responsibilities over that asset. Capitalism and communism operate at opposite ends of the spectrum, with capitalism placing emphasis on exclusive rights to the fruits of one's labor.
Clips
The evolution of human speech and the development of property rights are rooted in our evolutionary past, particularly related to the adoption of upright stance and the freeing of our hands for locomotion.
14:04 - 17:48 (03:43)
Summary
The evolution of human speech and the development of property rights are rooted in our evolutionary past, particularly related to the adoption of upright stance and the freeing of our hands for locomotion. This led to the ability to manipulate natural resources, count and point, ultimately leading to the expression of territoriality in property rights.
ChapterThe Relationship Between Property and Capitalism
Episode#176 – Robert Breedlove: Philosophy of Bitcoin from First Principles
PodcastLex Fridman Podcast
The concept of property in capitalism and communism can differ in terms of exclusive rights and responsibilities.
17:48 - 20:42 (02:54)
Summary
The concept of property in capitalism and communism can differ in terms of exclusive rights and responsibilities. Capitalism grants individuals exclusive rights to the fruits of their labor while communism favors socially acknowledged relationships between people and assets.