[quote]They don’t really “allocate” rights, they define which rights are protected and they regulate transactions and ownership, not outcomes.[/quote]
It’s all concepts, sdduuuude(jesus what’s with all the u’s:)
It’s just a frame work of which we live in. Completely of our own creation.
Setting personal rights aside. What rights do people with no property or money have? They have a right to pay market price or die because others property rights are being protected. So really, you could say the state allocates rights to those with property.
