Why the Destruction of Property Rights is Necessary

The World Bank, the American government, and virtually all scholars agree that “Property rights are at the heart of the incentive structure of market economies” and that a “free and robust market can thrive only where property rights are accorded respect.” Drawing on empirical reality, I argue the reverse: that property rights must be destroyed for rapid economic growth and to realize the social benefits that growth can provide.
Lecturer
Frank UPHAM
(Tokyo College Professor, Wilf Family Professor Emeritus of Property Law, New York University School of Law)
Commentator:
NAKABAYASHI Masaki (Professor, Institute of Social Science, The University of Tokyo)
Moderator:
HOSHI Takeo (Deputy Director, Tokyo College, The University of Tokyo)
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