Bitur-Camember, short version

Submitted by Bill St. Clair on Tue, 18 Aug 2009 10:49:08 GMT  <== Politics ==> 

François-René Rideau - a short version of the law of Bitur-Camember. Brilliant! Copied in its entirety below, but read the second link for further exposition of the law.

The Law of Bitur-Camember at Equilibrium: The value of any unowned resource will be destroyed by the political process of grabbing it.

Stability of the Law around Equilibrium: The more uncertain the ownership of the resource and the more certain its value, the more certain the destruction.

Corollaries: The political process destroys the value of all known resources that are up for grabs. The socialist process of systematically denying legitimacy to property rights applies the political process universally and destroys the value of all human creations.

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