“Both Fascist Italy and Nazi Germany did indeed allow—or, more accurately, tolerate—private property. However, it was ‘property’ in a peculiar and very restricted sense—not the virtually untrammeled private ownership of Roman law and nineteenth–century Europe, but rather conditional possession, under which the state, the owner of last resort, reserved to itself the right to interfere with and even confiscate assets which in its judgment were unsatisfactorily used.”
Source: Property and Freedom (1999), p. 218
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Richard Pipes 46
American historian 1923–2018Related quotes

Source: Speech to National Housing and Town Planning Conference, Bournemouth (28 October 1986).

Maurice Macmillan Memorial Lecture (June 1985), quoted in The View from No. 11: Memoirs of a Tory Radical (London: Bantam, 1992), p. 206.

“Property and Freedom: The Inseparable Connection,” speech at an “Evenings at FEE” event, October 2004. https://fee.org/resources/property-and-freedom-the-inseparable-connection/

Source: The Ideology of Fascism: The Rationale of Totalitarianism, (1969), p. 305

Harold Demsetz, (1967). "Toward a Theory of Property Rights." American Economic Review 57 (May, No. 2): 347-359. p. 350, as cited in Eggertsson (1990; 250)