Not a Zero-Sum Game - Ludwig von Mises Institute
Not a Zero-Sum Game - Ludwig von Mises Institute
Not a Zero-Sum Game - Ludwig von Mises Institute
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NOT A ZERO-SUM GAME<br />
It is not clear why, at the moment of the split, Vaclav and<br />
Vladimir lost their property rights. Indeed, I am not aware of any<br />
book, treatise, or author that attempts to justify the violation of<br />
property rights based on the political jurisdiction of residence of<br />
the property owners.<br />
The view that it is countries that trade and not people is so wide-<br />
spread because, I suspect, it is not perceived as something that<br />
involves property rights. As a result, most governments feel free<br />
to use their coercive powers to deny or otherwise interfere with<br />
free trade when the parties involved in the exchange live in<br />
different countries.<br />
Some defend government interference arguing that a person does<br />
not have an exclusive right to property because nobody produces<br />
anything in isolation, without the collaboration of others, includ-<br />
ing governments. But the process of social cooperation in the pro-<br />
duction of goods and services is a series of contractual exchanges<br />
of property rights, which are duly and mutually remunerated by<br />
voluntary agreement between the parties involved. The process is<br />
a continuum of settled accounts.<br />
Whatever I produce-a bushel of coffee, a transistor radio, or a<br />
crystal bowl-I do so by coordinating, directing, and disposing of