How painfully true this is.
The foundation of classical liberalism, and of the American order, is not the rule of law, a written constitution, freedom of speech and worship, one-man/one-vote democracy, or the Christian moral tradition — necessary as those things are. The irreplaceable basis for a prosperous, decent, liberal, stable society is property. Forget Thomas Jefferson's epicurean flourish — John Locke and the First Continental Congress had it right on the first go-round: "Life, liberty, and property." Despite the presence of the serial commas in that formulation, these are not really three different things: Perhaps we should render the concept "lifelibertyproperty" the way the physicists write about "spacetime."
But we do not have any property.
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