Pub. date: 2011 | Online Pub. Date: October 04, 2011 | DOI: 10.4135/9781412994163 | Print ISBN: 9781412959636 | Online ISBN: 9781412994163| Publisher:SAGE Publications, Inc.About this encyclopedia
Mikhaïl Dorel Xifaras
If for more than 2 centuries the concept of property appeared to be understood, it is no longer possible to act as if this were the case. In common language as much as in the language of jurists and economists, the term property was associated with the notion of the absolute and exclusive right of a person over a material thing . This definition is no longer accepted by experts, a fact that led Thomas Grey to formulate the hypothesis of the disintegration of property . Therefore, the notion of property has presumably suffered a rapid philosophical decline. Until recently, it was considered essential to the relevance of public and political institutions, a core component of the debate surrounding the legitimacy of capitalism—so central that the origins of the main ideologies and schools of thought that still largely structure our political world could be traced back to it. Today, however, ...