[lbo-talk] When is private property NOT?

cgregory at triad.rr.com cgregory at triad.rr.com
Thu Jun 30 10:13:21 PDT 2005



> So if you grab property for a free road, and private trucking
> companies use it to increase their profits, that's not public use?

Isn't the distinction here quite different, though? The cases you list are all public goods in the classic sense--they are non-rival. Yes, companies use roads to travel and hence make profits--but families use them to get to school go on vacation, etc. In the case in question, the land will be used for private development. That is, it will be rival: Pfizer (or whoever the lessee is) can kick anyone off the land that they see fit. Whereas roads can be used for uses not the strict purlieu of profit, this land cannot. Or rather, if it used for something that Pfizer deems not in the interest of its profits, it can stop it. Companies using public roads cannot do the same thing.

Christian



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