It just goes into circular nothingness because @Kresimir has constructed a definition of property that is logically unassailable if you accept the definition.
Of course it does. Labor is a limited resource that is subject to supply and demand as any limited resource is.
Labour has only the value of the goods it produces. By itself, it is worthless. Nobody is going to pay you to dig a hole and fill it back up 50 times, even though it takes labour to do it.
Or think about it this way: if you could produce the same good with less labour, would you? If so, then you do not value labour. Your employer does not pay you to work, he pays for the results. The labour is what you spend.
Labour is only a cost to the person expending it. It has no value on its own.
We have strayed far away from the original proposition (because I am talking to 5 people at once, itâs getting a bit difficult).
The notion of value here is a red herring. How we value something has nothing to do with whether something is or isnât property. You can value memories, you can value friendship, your spouse, but none of those are property.
Letâs not talk about value, but whether there is property in information or not.
If there is property in information that means that the âownerâ of information has property rights in information. Specifically, he has the right to prevent others from having that information.
This in itself is a violation of property rights in tangible goods, because this information is stored on a medium and that medium is somebodyâs property.
Passwords, for example, would not be property under this definition. They would be information.
If someone else possesses your passwords, there is no issue, as you still possess them.
So, why not share your passwords freely with all of us? It wonât deprive you of having them. And once I have them, I can do whatever I want with them, right?
I mean, I suppose by your definition there could possibly be a problem if we both tried to use a password at the same site simultaneously, as we might get in each otherâs way, but as long as that doesnât happen, thereâs no problem?