Those who argue that a system of property ownership is ethically moral do so by appealing to strict formalism, arguing that the morality of property rights should be determined on an individual basis.

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Supporters of property defend it through consequentialism, arguing that adequate property in resources maximizes total wealth in society. It provides incentives for individuals and groups to develop both physical and human resources to produce the goods that society values.

Those Who Argue That a System of Property Ownership Is