But private property also requires resources to defend it (which are wasted like the ones to collect taxes), so in fact, neoclassical economics agree with Proudhon that “property is theft” ? :)
I think the standard rejoinder is that private property incurs greater benefits than the general cost of securing it, owing to true “tragedy of the commons” type situations it attempts to avoid.
But private property also requires resources to defend it (which are wasted like the ones to collect taxes), so in fact, neoclassical economics agree with Proudhon that “property is theft” ? :)
I think the standard rejoinder is that private property incurs greater benefits than the general cost of securing it, owing to true “tragedy of the commons” type situations it attempts to avoid.