Ameritopia_ The Unmaking of America - Mark R. Levin [40]
As money replaced barter, the individual was able to acquire more than he needed for his immediate use or consumption—that is, he could accumulate assets, make longer-term investments, save and better plan for his future, and pass his wealth on to future generations. “And thus came in the use of money; some lasting thing that men might keep without spoiling, and that, by mutual consent, men would take in exchange for the truly useful but perishable supports of life” (5, 47). Moreover, there could never be equality of economic outcomes. “And as different degrees of industry were apt to give men possessions in different proportions, so this invention of money gave them the opportunity to continue and enlarge them” (5, 48). “But since gold and silver, being little useful to the life of man, in proportion to food, raiment, and carriage, has its value only from the consent of men—whereof labor yet makes in great part the portionate and unequal possession of the earth—I mean out of the bounds of society and compact; for in governments the laws regulate it; they having, by consent, found out and agreed in a way how a man may, rightfully and without injury, possess more than he himself can make use of by receiving gold and silver, which may continue long in a man’s possession without decaying for the overplus, and agreeing those metals should have a value” (5, 50).
Locke emphasized that the right to acquire and retain property is inextricably linked to man’s liberty. In the state of nature, the individual is justified in enforcing that right against transgressors. “Man being born … with a title to perfect freedom and an uncontrolled enjoyment of all the rights and privileges of the law of Nature, equally with any other man, or number of men in the world, hath by nature a power not only to preserve his property—that is, his life, liberty, and estate, against the injuries and attempts of other men, but to judge of and punish the breaches of that law in others, as he is persuaded the offense deserves, even with death itself, in crimes where the heinousness of the fact, in his opinion, requires it.…” (7, 87)
Government is established, with the consent of the members of society, to protect the individual’s liberty and the order of society, in particular property rights, through just and predictable laws and their impartial enforcement. “Those who are united into one body, and have a common established law and judicature to appeal to, with authority to decide controversies between them and punish offenders, are in civil society one with another.