The Construction of Property

Presents a structural and institutional theory of property and examines property regimes, protagonists of property and the challenges of globalisation.

This innovative theory of property identifies its structural and institutional features and analyses the spectrum of property regimes, protagonists of property and the challenges of globalisation. It will appeal to a broad audience, including specialists in law, economics, business, sociology, philosophy and psychology.The Construction of Property identifies the structural and institutional foundations of property, and explains how these features can accommodate various normative agendas. Offering rich and cutting-edge analysis, the book studies the spectrum of property regimes including private, common and public property as well as innovative forms of property hybrids such as US-style residential community associations, the British Private Finance Initiative, the Israeli Renewing Kibbutz, community land trusts and grassroots phenomena of property ordering in publicly-owned open spaces. It also investigates the protagonists of property beyond the individual and the state, identifying the key role that community organisations and business corporations play for both the private and public aspects of property. The book then addresses property's greatest challenge: the move from a largely domestic legal construct into one that accommodates the increasing social and economic forces of globalisation.