Life, Liberty, and . . .: Jefferson on Property Rights
Journal of Libertarian Studies Volume 18, no. 1 (Winter 2004), pp. 31–87 2004 Ludwig von Mises Institute www.mises.org LIFE, LIBERTY, AND . : JEFFERSON ON PROPERTY RIGHTS Luigi Marco Bassani* Property does not exist because there are laws, but laws exist because there is property.1 Surveys of libertarian-leaning individuals in America show that the intellectual champions they venerate the most are Thomas Jeffer- son and Ayn Rand.2 The author of the Declaration of Independence is an inspiring source for individuals longing for liberty all around the world, since he was a devotee of individual rights, freedom of choice, limited government, and, above all, the natural origin, and thus the inalienable character, of a personal right to property. However, such libertarian-leaning individuals might be surprised to learn that, in academic circles, Jefferson is depicted as a proto-soc- ialist, the advocate of simple majority rule, and a powerful enemy of the wicked “possessive individualism” that permeated the revolution- ary period and the early republic. *Department Giuridico-Politico, Università di Milano, Italy. This article was completed in the summer of 2003 during a fellowship at the International Center for Jefferson Studies, Monticello, Va. I gladly acknowl- edge financial support and help from such a fine institution. luigi.bassani@ unimi.it. 1Frédéric Bastiat, “Property and Law,” in Selected Essays on Political Econ- omy, trans. Seymour Cain, ed. George B. de Huszar (Irvington-on-Hudson, N.Y.: Foundation for Economic Education, 1964), p. 97. 2E.g., “The Liberty Poll,” Liberty 13, no. 2 (February 1999), p. 26: “The thinker who most influenced our respondents’ intellectual development was Ayn Rand.
[Show full text]