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About: Homestead principle     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:PsychologicalFeature100023100, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: Thingagentyago:WikicatLegalDoctrinesAndPrinciplesyago:Abstraction100002137yago:Belief105941423yago:Cognition100023271yago:Content105809192yago:Doctrine105943300yago:PsychologicalFeature100023100 New Facet based on Instances of this Class

The homestead principle is the principle by which one gains ownership of an unowned natural resource by performing an act of original appropriation. Appropriation could be enacted by putting an unowned resource to active use (as with using it for produce some product),joining it with previously acquired property or by marking it as owned (as with livestock branding). Homesteading is one of the foundations of Rothbardian anarcho-capitalism and right-libertarianism.