Economic property rights persist independent of legal recognition

Evidence

We still think it natural that a man should leave his property to his children; that is to say, we accept the hereditary principle as regards economic power while rejecting it as regards political power. Political dynasties have disappeared, but economic dynasties survive. — Bertrand Russell, History of Western Philosophy, 2250 (#exemplifies, via linked claim)

The nomads with their privately-owned herds of camels, cattle and flocks of sheep and goats remained obdurate exponents of private enterprise, selling surplus livestock to Somali and Arab-owned exporting firms, buying for the Arab and Persian Gulf market. Not all the off-take from the pastoral economy was distributed through private enterprise. A significant proportion found its way to the Russian built state-owned meat canning factory at Kismayu (where there is an American-built port). — I.M. Lewis, I. M. Lewis, A Modern History of the Somali_ Nation…, 524 (#exemplifies, via linked claim)

Categorization

• XREF: connects to: Excessive property rights can block beneficial use rather than enable it — , The Braided Reading EPUB: 5-Year…, 2284; Hereditary economic power persists despite the abolition of political dynasties — Bertrand Russell, History of Western Philosophy, 2250; Neocolonialism keeps formally independent states economically and politically directed from outside — Green, Todd H, The Fear of Islam_ An Introduction to…, 181 (+16 more)

Related

• Hereditary economic power persists despite the abolition of political dynasties (similarity 0.82)
• Institutional power persists even in egalitarian settings that believe they disavowed it (similarity 0.79)

Broader Connections

• Hereditary economic power persists despite the abolition of political dynasties #exemplifies (0.90) — Bertrand Russell, History of Western Philosophy, 2250
• Legal monetary sovereignty rarely yields true economic currency sovereignty #exemplifies (0.90)
• Neocolonialism keeps formally independent states economically and politically directed from outside #exemplifies (0.85) — Green, Todd H, The Fear of Islam_ An Introduction to…, 181
• Pastoralists remained private-enterprise holdouts within the socialist economy #exemplifies (0.85) — I.M. Lewis, I. M. Lewis, A Modern History of the Somali_ Nation…, 524
• Ownership of wealth is real only when one can part with it freely #corroborates (0.85) — , A Year of World Stories, 12081
• A Law Merchant institution can sustain honest trade as an equilibrium #exemplifies (0.85) — PAUL R. MILGRO, PAUL R. MILGRO - THE ROLE OF…, 95
• Excessive property rights can block beneficial use rather than enable it #qualifies (0.80) — , The Braided Reading EPUB, 2284
• Race persisted as epistemic currency even after its formal abolition as legal criterion #exemplifies (0.80)
• Legal prohibition without religious-institutional embedding remains only nominal #corroborates (0.80) — , The Rod and the Child, 8206
• Juridico-political ideology masks the economic’s determinant role under capitalism #corroborates (0.80)
• Works can exceed their legal owners, creating obligations beyond title #qualifies (0.80) — , The Braided Reading EPUB, 408
• Authority builds from accumulated past compliance without requiring ongoing justification #corroborates (0.80)
• The state cannot claim a monopoly over law #exemplifies (0.75)
• Economic success built on coercion may collapse when rule liberalizes #qualifies (0.75)