Homestead principle
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The homestead principle is the principle by which one gains ownership of an unowned natural resource by performing an act of original appropriation. Appropriation could be enacted by putting an unowne
Under the homestead principle a farmer putting unowned land to use gains ownership over it
Labor theory of property
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The labor theory of property, also called the labor theory of appropriation, labor theory of ownership, labor theory of entitlement, and principle of first appropriation, is a theory of natural law th
John Locke's portrait by Godfrey Kneller, National Portrait Gallery, London
John Locke