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 care 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, geo-synchronous satellite orbits

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