Property is, and the [[Supreme Court]] has held, an extension of a person's [[labor]]. The [[value]] of a [[person]]'s labor is stored up in property. Much labor is consumed in the process of labor, or disappears in the instant of its production. Property is unconsumed labor. [[Money]] is a representation of unconsumed labor for exchangeable purposes. "Real property" is land; manufactured goods, buildings, [[intellectual property]], and tangible property is the produce of labor that is consumed slowly, or depreciates over time. Unconsumed labor is often refereed to as "[[capital]]," which then is used to set the set the economic process in motion and employ more people. | Property is, and the [[Supreme Court]] has held, an extension of a person's [[labor]]. The [[value]] of a [[person]]'s labor is stored up in property. Much labor is consumed in the process of labor, or disappears in the instant of its production. Property is unconsumed labor. [[Money]] is a representation of unconsumed labor for exchangeable purposes. "Real property" is land; manufactured goods, buildings, [[intellectual property]], and tangible property is the produce of labor that is consumed slowly, or depreciates over time. Unconsumed labor is often refereed to as "[[capital]]," which then is used to set the set the economic process in motion and employ more people. |