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From the protection of different and unequal faculties of acquiring property, the possession of different degrees and kinds of property immediately results; and from the influence of these on the sentiments and views of the respective proprietors, ensues a division of the society into different interests and parties. The latent causes of faction are thus sown in the nature of man; and we see them everywhere brought into different degrees of activity, according to the different circumstances of civil society.
--
Federalist No. 10

 

James Madison

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The Civil Rights Act of 1964 gave the federal government unprecedented power over the hiring, employee relations, and customer service practices of every business in the country. The result was a massive violation of the rights of private property and contract, which are the bedrocks of free society. The federal government has no legitimate authority to infringe on the rights of private property owners to use their property as they please and to form (or not form) contracts with terms mutually agreeable to all parties.
The Civil Rights Act of 1964 not only violated the Constitution and reduced individual liberty; it also failed to achieve its stated goals of promoting racial harmony and a color-blind society.

 

Ron Paul

 

All Property indeed, except the Savage’s temporary Cabin, his Bow, his Matchcoat, and other little Acquisitions absolutely necessary for his Subsistence, seems to me to be the Creature of publick Convention. Hence the Public has the Right of Regulating Descents & all other Conveyances of Property, and even of limiting the Quantity & the Uses of it. All the Property that is necessary to a Man for the Conservation of the Individual & the Propagation of the Species, is his natural Right which none can justly deprive him of: But all Property of the Publick, who by their Laws have created it, and who may therefore by other Laws dispose of it, whenever the Welfare of the Publick shall demand such Disposition. He that does not like civil Society on these Terms, let him retire & live among Savages.—He can have no right to the Benefits of Society who will not pay his Club towards the Support of it.

 

Benjamin Franklin

 

The diversity in the faculties of men, from which the rights of property originate, is not less an insuperable obstacle to a uniformity of interests. The protection of these faculties is the first object of Government.

 

James Madison

 

"Property" has acquired an almost greater sacredness in our social conscience than religion: for offence against the latter there is lenience, for damage to the former no forgiveness. Since Property is deemed the base of all stability, the more's the pity that not all are owners, that in fact the greater proportion of Society comes disinherited into the world. Society is manifestly thus reduced by its own principle to such a perilous inquietude, that it is compelled to reckon all its laws for an impossible adjustment of this conflict; and protection of property — for which in its widest international sense the weaponed host is specially maintained — can truly mean no else than a defence of the possessors against the non-possessors. Many as are the earnest and sagacious brains that have applied themselves to this problem, its solution, such as that at last suggested of an equal division of all possessions, has not as yet been found amenable; and it seems as if the State's disposal of the apparently so simple idea of Property had driven a beam into the body of mankind that dooms it to a lingering death of agony.

 

Richard Wagner

 

Intensive research in recent years into the sources of economic growth among both developing and developed nations generally point to a number of important factors: the state of knowledge and skill of a population; the degree of control over indigenous natural resources; the quality of a country's legal system, particularly a strong commitment to a rule of law and protection of property rights; and yes, the extent of a country's openness to trade with the rest of the world. For the United States, arguably the most important factor is the type of rule of law under which economic activity takes place. When asked abroad why the United States has become the most prosperous large economy in the world, I respond, with only mild exaggeration, that our forefathers wrote a constitution and set in motion a system of laws that protects individual rights, especially the right to own property. Nonetheless, the degree of state protection is sometimes in dispute. But by and large, secure property rights are almost universally accepted by Americans as a critical pillar of our economy. While the right of property in the abstract is generally uncontested in all societies embracing democratic market capitalism, different degrees of property protection do apparently foster different economic incentives and outcomes.

 

Alan Greenspan