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This article proposes a way of looking at ownership in which the central conceptual feature is the agreement that brings ownership into existence. On this understanding, ownership is a social fact, and as such derives its legitimacy from the extent to which people living under it give it their uncoerced consent. While any particular system's substantive features can certainly be judged according to independent moral considerations, these considerations would necessarily be secondary to the facts surrounding the agreement. In rooting legitimacy to consent, the argument runs parallel to both contractualist moral philosophy and 'externalist' rights claims, but, as is demonstrated in this article, differs from both in its emphasis on the conceptual centrality of agreement. The latter half of the article explores how this understanding of ownership shifts the grounds for what counts as a legitimate right of property, and then offers a few substantive conclusions regarding particular property rights and the nature of the moral obligations that systems of ownership (so conceived) both create and nullify.

Intro -- Library of Congress Cataloging-in-Publication Data -- Contents -- Preface -- Characteristics of Minority Business and Entrepreneurs: An Analysis of the 2002 Survey of Business Owners -- Executive Summary -- Implications -- Introduction -- Life Cycle of Minority Firms -- Survival Rates of Firms -- Characteristics of Businesses with High Survival Rates -- Data and Methodology -- Minority-Owned Firms -- Non-Minority-Owned Firms -- American Indian and Alaska Native -- Comparability of 2002 Characteristics of Business and Business Owners and 1992 Characteristics of Business Owners -- Relative Standard Errors -- Business Characteristics -- Employer Firms -- Employee Productivity -- Sources of Capital to Start or Acquire Business -- Sources of Capital Used by Size of Firm and Employment -- Sources of Capital Used by Industry -- Sources of Capital Used for Expansion or Capital Improvements -- Sources of Capital Used by Size of Firm and Employment -- Sources of Capital Used by Industry -- Business Ownership and Structure: Home-Based, One Owner, and Franchised -- Business Ownership and Structure by Size of Firm and Employment -- Business Ownership and Structure by Industry -- Customer Categories -- Customer Categories by Size of Firm and Employment -- Household Consumers/Individuals -- Other Businesses/Organizations -- Federal government -- Export Sales -- Customer Categories by Industry -- Owner's Education -- Owner's Age -- Conclusion -- Acknowledgments -- Appendix: Glossary of Terms -- Appendix: Additional Tables -- References -- End Notes -- Increasing MBE Competitiveness through Strategic Alliances -- Acknowledgments -- Executive Summary -- Introduction -- The MBE's Role in the Value Chain -- The Logic for Outsourcing in the Value Chain -- The MBE's Chosen Customers -- The MBE'S Growth Strategy -- Strategic Business Relationships

ABSTRACTThe government of a country with a good financial reputation could borrow from the international capital market and use the proceeds to endow a sovereign wealth fund that mainly invests in the world stock market. In expectation, this country would gain the equity risk premium multiplied by the size of the fund. This gain could be earmarked to a social dividend. This paper deals with the conditions under which such a policy is welfare‐improving, discusses the optimal size of such a fund, and proposes an institutional framework for the management of public stock ownership.

The paper examines the problem of legitimation of the privatization's outcomes in Russia and provides a critical appraisal of various political proposals for its resolution. The analysis proceeds from a distinction between two different types of ownership illegitimacy: "definite" and "vague" ones. The paper argues that the "vague" illegitimacy that has evolved in Russia is not an absolute obstacle for economic growth but rather an institutional birth trauma which is common for all post-socialist countries and which could be cured only by piecemeal approaching of relationships between "strong" and "weak" economic actors to principles of fair play.

Municipal ownership, N. D. Baker: Municipal ownershipthe testimony of foreign experience, F. C. Howe: Pasadena's municipal light and power plant, C. W. Koiner; South Norwalk's municipal electric works, A. E. Winchester; Hydro-electric system in Toronto, H. C. Hocken; Some limitations and objections to municipal ownership, C. M. Rosecrantz; Open discussion.

Part one. Subjects, personhood and people hood --Sharing, Stealing and Borrowing Simultaneously /Marilyn Strathern -- On Having Achieved Appropriation: Anak Berprestasi of Kepri, Indonesia / Nicholas Long -- Appropriating Authentic Bodily Practice from Japan: On 'Being There', 'Having Been There' and 'Virtually Being There' / Tamara Kohn -- Dreaming in Thread: from Ritual to Art and Property(s) Between / Katie Glaskin -- Possessing Culture: Political Economies of Community Subjects and their Properties / Rosemary Coombe -- Part two. Materiality and Immateriality -- Cultural Appropriation / Edward Taihakurei Durie -- One Hundred Years of Land Reform on the Gazelle Peninsula: a Baining Point of View / Colin Filer and Michael Lowe -- Fluid Forms: Owning Water in Australia / Veronica Strang -- Appropriating Fish, Appropriating Fishermen: Tradable Permits, Natural Resources and Existential Uncertainty / Monica Minnegal and Peter Dwyer -- Can't Find Nothing on the Radio: Radio Spectrum Policy and Governance in Nepal / Michael Wilmore and Pawan Prakash Upreti -- Part three. Ownership as Social Communication -- The Village That Wasn't There: Appropriation, Domination and Resistance / Adam Kaul -- Not Just Pretty Pictures: Relative Autonomy and the Articulations of Yolngu Art in its Contexts / Howard Morphy.