the “way our legal system is structured to favor private property” provokes his “anger, which is visceral.” The mayor elaborated on this point, insisting that “people all over this city, of every background, would like to have the city government be able to determine which building goes where, how high it will be, who gets to live in it, what the rent will be.”
Wow. Private property is one of the foundations of our Representative Republic.
In December 2010, I posted an article showing the relationship between private property ownership and the lack of poverty in a country. The article was based on a Townhall article by John Stossel.
The article stated:
”To get an address, somebody’s got to recognize that that’s where you live. That means … you’ve a got mailing address. … When you make a deal with someone, you can be identified. But until property is defined by law, people can’t … specialize and create wealth. The day they get title (is) the day that the businesses in their homes, the sewing machines, the cotton gins, the car repair shop finally gets recognized. They can start expanding.”
“That’s the road to prosperity. But first they need to be recognized by someone in local authority who says, “This is yours.” They need the rule of law. But many places in the developing world barely have law. So enterprising people take a risk. They work a deal with the guy on the first floor, and they build their house on the second floor.”
What Mayor DeBlasio is suggesting is communism or socialism. Historically, neither has been proven to work.
The article in The City Journal concludes:
De Blasio insists that New Yorkers fervently want to have a powerful government that gets involved in the minutest details of how they organize their lives. Based on their voting behavior, he may be right. But New Yorkers are also obstreperous, entrepreneurial, and small-d democratic; they typically reserve a Bronx cheer for authorities who dare to tell them what to do. De Blasio has now come out explicitly as a central planner whose politics sound frankly Bolshevik. We’ve been warned.
Benjamin Franklin replied when asked what the Constitutional Convention had created, “A republic, madam, if you can keep it.” Obviously, not everyone wants to keep it.