One of the central tenets of this site is that property investment where property rights are not protected should be avoided at all cost. Nonetheless, for that discussion to take place in its proper frame a little background on the concept of rights in general is most assuredly in order. Furthermore, to bring that discussion into relevant context I think it wise to limit ourselves to the Modern World as influenced by Western Civilization.
Accordingly, I would like to introduce an exceptional essay by Jack Goldstone written for Cato Unbound entitled, “How An Engineering Culture Launched Modernity.” Here is what I feel is the most striking passage with my thoughts on how it relates this topic below:
What I believe is most critical to insist upon is the degree to which Europe itself had to repudiate central elements of its own history and culture Continue reading