Re: Socialism in SF

In article <gokfc0$52j$1@xxxxxxxxxxxxxxxxxxx>,
"Sea Wasp (Ryk E. Spoor)" <seawasp@xxxxxxxxxxxxxxxxxx> wrote:

Matthias Warkus wrote:
DougL wrote:
I think you might find that reduction in corruption is the most
important single corallation with societal wealth.

The top contender seems to be codification of property rights, actually.
I've read recently that the real estate and housing owned by the world's
poorest is worth an incredible amount of money, and injecting it into
the world economy as a collateral could help fix the current crisis -
but because the poor have no way of actually proving what they own,
there is no way to take out loans on it.

How are they measuring "own", then? I can prove I own my house because
I have the deed/title to it, and that's recorded. The same was true of
the prior owner, and is true of all the people I know who own any land.

If you have no proof, how do you know you own it, and how do you stop
someone else from saying THEY own it?

As far as I understand (not very well, mind), they own it because they
bought it, and they live there, but there is no title. Think of a more
mundane piece of property, like a book. You bought it, you know it's
yours, legally it's yours, but you have no real proof of this. There's
no title, no deed, no record of the transaction.

As for stopping someone else from saying THEY own it, I gather that's
part of the problem.

--
Mike Ash
Radio Free Earth
Broadcasting from our climate-controlled studios deep inside the Moon
.

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