Академический Документы
Профессиональный Документы
Культура Документы
(http://www.econlib.org/library/Enc/PropertyRights.html)
(http://www.ipophil.gov.ph/index.php/ip-knowledge/aboutintellectual-property)
5. Final Provisions
5. Patents;
Laws repealed
8.
Government agencies
Republic Act No. 8293 repealed all Acts and parts of Acts
inconsistent therewith, more particularly:
Funds Therefor;
3. Power Aspect:
The third characteristic of property is its power aspect.
As a social institution, property gives power, not only over
things, but through things also over persons. The possession of
property implies the possession of power over others. It has
been an instrument whereby those who own it can control the
life and labour of those who do not own it. In a capitalist
society, for example, the owners of capital have control over
the life arid labour of those who do not own it.
Types of Property:
The nature of property rights and type of property vary
from society to society and within a particular society over time
2. Basis of Capitalism:
Private property is the basis of capitalism. In capitalism, every
person has the right to earn and maintain property. Capitalism
is harmful to both the individual and society.
2. Incentive to Work:
It is said that man needs an incentive to work. The
concept of private property ensures a labour, control over all
the gains of his labour. This motivates him to do still better. It
raises his efficiency, satisfaction and indoctrinates a sense of
protection.
3. Breeds Inequality:
Private property is not available to each and every
individual because of scarcity. It breeds inequality. Since
property begets property and so the rich produce goods and
services not for use, but to acquire property from their
production. Private property creates wide gap between the
haves and have-nots. The ownership of private property gives
power to direct the lives of those who have no property.