Abstract

Capitalism is often defended by appeals to natural rights: only in a free market, it is said, are people protected from the illegitimate intrusions of others. Coercion, either to prevent exchanges or to redistribute wealth, violates people's rights. But much of the property people have acquired came not from their own effort or the efforts of those who gave them gifts, but instead was taken from nature. Thus the question I propose to discuss in this paper: How is it that an unowned natural resource can legitimately be acquired for private benefit? Much thought has been given by libertarian defenders of capitalism to justifying the claim that, once owned, property cannot be taken without its owner's consent. Relatively little attention has been paid, however, to how the original acquisition can be justified. Indeed, I argue here that if one approaches the problem of resource appropriation from the perspective of the Lockean ‘proviso,’ that enough and as good must be left in common, then the typical method of acquiring property under capitalism is unjust. Libertarians must either give up the individualistic, state of nature approach to economic justice or admit that appropriation of natural resources requires compensation of people who do not get a share of the resource.