<center><h3> There are multiple different types of property, here I will be explaining Personal</h3></center>

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Under some economic systems all property is treated the same. By analysing the nature of property the economic left has come to the conclusion that there are three different types: Private property, personal property and collective property. Here I will be explaining personal property. 

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http://www.madrigalinsurance.com/wp-content/uploads/2012/04/personal-personal_property.jpg

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<a href="http://www.madrigalinsurance.com/wp-content/uploads/2012/04/personal-personal_property.jpg
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<center><h3> An Understanding</h3></center>
Personal property is something you both own and use. This includes your: Car, House, and computer. They may be used to generate a profit in any society, although ever since the industrial revolution this is often not enough to make a living off of. This is because it is overshadowed by private property.

Private property is property owned by one, but labored on by another. I went over it in [This post.](https://steemit.com/economics/@anarchyhasnogods/what-is-private-property)

Private property is more efficient than personal property. This is because large machines take many different people to maintain and create. This stops everyone from making one, so the worker is dependent on the capitalist, the owner of private property. (This is solved by collective property, but that’s my next post.)  This dependency always the capitalist to make a profit off of the workers, because they are unable to procure machinery for themselves under capitalism. This turns all labor from labor for oneself to labor for another, which means it is ripe for exploitation. A capitalist merely must have starting capital and is thus magically entitled to the fruits of this labor. 


To put it simply, personal property is owned individually for the purposes of personal use. Private property is property owned by one, and labored on by another. The main difference is who uses/labors on the property.

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<center><h3> Class Antagonisms</h3></center> 
 In capitalism personal property can still be used in capital antagonism. This happens when one individual has access to a type of personal property that another does not, due to class relations. In a market economy this means that personal property is often loaned out or sold at inflated prices, for a profit. Since personal property is often essential for survival, this is a form of oppression.  

These antagonisms stems from the class antagonisms. Which exists in society due to competing socioeconomic interests and desires between people of different classes. This causes many problems in society, which can not be solved under capitalism. One example includes climate change. We have known about climate change for 40 years now, and leaks show big oil knew about it before the majority of the general public, and thus the disinformation campaign started, to keep the lower classes from learning the truth. 

You can read more about capital antagonism [here](http://www.freelyassociating.org/2008/05/capitals-fundamental-antagonism/)


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Personal and Private property have key differences, but they are commonly known and easily understood. The nature of collective property on the other hand is more complicated. 

TL:DR?
Just watch this video. It explains it well enough. 

https://www.youtube.com/watch?v=eknoQYrgq60&t=1s

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