Inclusion Economics

Differentiating the Two Types of Property: Making the Invisible Hand into a Beneficial Force

Personal Property
• Value is created or increased by the individual
• Requires maintenance to avoid or limit decay or wear and tear
• Ideas or products crafted from, with or within community property by hand, mind and or machine
• Requires creation and or modification by the individual in order to exist
• Wholly belongs to the individual to do with as that one decides
Examples: physical products, music, literature and copyrights

Community Property
• Value is created by the mere presence of the local community
• Does not degrade over time
• Existed before and exists after human interaction and use
• Consists of all natural forces, resources and opportunities
• Wholly belongs to the community, including the rent for its use
Examples: air, soil, water, location, fish and animal habitats, natural resources, natural pollution processing, EM spectrum, geosynchronous satellite orbits