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How should an Objectivist legal system deal with abandoned property?

Posted by $ CBJ 8 years, 1 month ago to Philosophy
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At present, governments have various means of disposing of unclaimed property such as bank accounts, cars and occasionally land. Such property can be abandoned for many reasons, such as the death of an owner who leaves no heirs, or deliberate abandonment because the property no longer has significant value. In many instances (no surprise) the government itself will take it. How should an Objectivist society treat such property?


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