The right to life is the source of all rights—and the right to property is
their only implementation. Without property rights, no other rights are
possible. Since man has to sustain his life by his own effort, the man who has
no right to the product of his effort has no means to sustain his life. The man
who produces while others dispose of his product, is a slave.
Bear in mind that the right to property is a right to action, like all the
others: it is not the right to an object, but to the action and the
consequences of producing or earning that object. It is not a guarantee that a
man will earn any property, but only a guarantee that he will own it if he
earns it. It is the right to gain, to keep, to use and to dispose of material
values.