The homestead principle in law and in ethics is the principle by which one gains just ownership of an unowned resource by performing an act of original appropriation. Appropriation could be enacted by putting an unowned resource to active use (as with using it to produce a product), joining it with previously acquired property (as with placing it in a pocket) or by evidently marking it (as with livestock branding). Proponents of intellectual property hold that ideas can also be homesteaded by originally creating a virtual or tangible representation of them. Others however argue that since tangible manifestations of a single idea will be present in many places, including within the minds of people, this precludes their being owned in most or all cases. Homesteading is one of the foundations of the capitalism and libertarianism ideologies.
Famous quotes containing the words homestead and/or principle:
“The free, independent spirit who commits himself to no dogma and will not decide in favor of any party has no homestead on earth.”
—Stefan Zweig (18811942)
“Whether our feet are compressed in iron shoes, our faces hidden with veils and masks; whether yoked with cows to draw the plow through its furrows, or classed with idiots, lunatics and criminals in the laws and constitutions of the State, the principle is the same; for the humiliations of the spirit are as real as the visible badges of servitude.”
—Elizabeth Cady Stanton (1815–1902)