It’s mine!

There’s a good chance that upon strolling by a pre-school classroom you’ll hear: It’s mine! The voice comes from a toddler who is grabbing the Preshool Playhouse plastic airplane from one of his chums. Ah- the battle over ownership starts young. There is a natural inclination, for some more than others, to own something. To be in charge of something. To have control.

Ownership around the house can be communal. The appliances don’t all have coin slots as the washer and dryers do in apartment buildings. Who ever is a part of the household makes use of most things. Perhaps within the confines of a bedroom, private items are stored which are off limits to the general public of the home.

Ownership of the upper-pay, prestigious jobs once belonged almost exclusively to ivy league educated men. Feminists from the 60’s and 70’s would have you believe that these jobs were public to all white men. But this is rather silly when you think about it. The club was a much smaller subset of men who smoked fat cigars in dark paneled rooms and who bought suits from the same clothier and who all shot below 90 on eighteen holes.

Isn’t the tussle over abortion about the ownership of the fetus? To whom does the baby belong: the mother or society?

Say hoodlums set up shop in a local park. Pretty soon none of the neighbors use the park as they are adverse to being mugged. The ownership of a wooded greenspace, that once belonged to a city, now is captured by a subset of the city. And they are not likely to relinquish their place of business voluntarily.

Ownership of a home maybe noted to a couple on the title in the county records, but all that space in between the homes is a joint concern. The effect even edges in over the maintenance of the front yards. Rules about grass height, number of vehicles in the drive all point to a view that the aesthetic of the street is owned by the neighborhood.

The Armed Forces will set you up with an education which you internalize for a private benefit, but not before you serve for four or six years. That way your employer can capture some of those employable skills. Other employers will match a stock option retirement investment in order to tie their employees into an ownership mentality.

The divorce courts have a lot to say about ‘That’s mine!’ Whereas each partner of the matrimonial union may be viewed as an individual by their employers, the court looks at the household when giving guidance on who owns what. You see you can be an individual as well as one member of a group all at the same time. And your ownership position maybe influenced simultaneously by this duality.

Ownership types are good to understand. Ownership by the individual or a group operate under different maintenance plans and incentives. So not only do we need guidance on the dissolution of group ownerships, but we can also be more effective in all sorts of trade once by utilizing the appropriate incentives and mechanisms for each type of proprietorship.