It considers folkland as landownership by folkright—at common law, as might be said in modern legal speech.
While the element of scarcity is common to landownership and to monopoly, it differs in its operation.
Moreover, he exaggerates considerably the part played by landownership in the formation of industrial monopolies.
Its aim is extended industrial cooperation; socialism is a purely economic term, applying to landownership and productive capital.
So much for the natural right of landownership as seen in the light of reason.
The nobility had no longer the monopoly of landownership, and many bourgeois enriched by trade bought large estates.
It leads to absurdity to use the word monopoly with reference to landownership indiscriminately.
In opposition to it bookland appears as landownership derived from royal privilege.