Property and the Labor Theory

From Second Treatise of Government by John Locke
Locke's labor theory of property: by mixing one's labor with what God gave in common, one acquires private property, subject to spoilage and sufficiency provisos.
Ch. V, sec. 27

The famous formulation: whatsoever he removes out of the state that nature hath provided, he hath mixed his labour with.

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Ch. V, sec. 33

The 'enough and as good' proviso for legitimate appropriation.

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Ch. V, sec. 31

The spoilage limitation on accumulation.

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Ch. V, sec. 36-37

Invention of money allows legitimate accumulation beyond spoilage limit.

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Ch. V, sec. 40-43

Labor accounts for 99/100ths of value; foundational to political economy.

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