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The first, possession, can be specified as control over a resource based upon the practical inability of another to oppose the ends of the possessor. The 2nd, title, is the expectation that others will acknowledge rights to manage resource, even when it is not in ownership. He elaborates the differences in between these two ideas, and proposes a history of how they happened connected to persons, instead of families or to entities such as the church.

They hold that people each own their own life, it follows that a person should own the products of that life, and that those products can be traded in free exchange with others. "Every male has a residential or commercial property in his own person. This no one has a right to, but himself." (John Locke,) "The reason guys enter into society is the preservation of their residential or commercial property." (John Locke, 2nd Writing on Civil Federal Government) "Life, liberty, and home do not exist because guys have made laws.

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That the more prevalent the possession of personal property, the more steady and efficient is a state or country. Economic leveling of residential or commercial property, conservatives preserve, particularly of the forced kind, is not financial progress. "Different home from private belongings, and Leviathan ends up being master of all ... Upon  single family home  of private property, excellent civilizations are built ...

Libertarian socialism usually accepts home rights, but with a short desertion duration. To put it simply, an individual needs to make (more-or-less) constant use of the item otherwise lose ownership rights. This is generally described as "ownership residential or commercial property" or "usufruct". Thus, in this usufruct system, absentee ownership is invalid and workers own the machines or other devices that they work with.

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Both communism and some sort of socialism have likewise promoted the concept that personal ownership of capital is inherently illegitimate. This argument focuses mainly on the concept that personal ownership of capital always benefits one class over another, triggering dominance through using this independently owned capital.