This essay overlooks some significant facts about property ownership. For example, you write, "Ownership gives incentive to industry, as each is confident that the returns to his labor can be used to support his loved ones." Yet a large portion of ownership is does not incentivize industry at all, but its opposite -- I'm speaking of rent. I can own a property and do nothing to develop it, yet I can collect what is essentially a tax on the industry of others who rent the property from them. So ownership incentivizes me to sit on my laurels and collect my rent, while I take advantage of the desperation of my renters who have to pay me tribute even though they do all the work.
A more Christian approach, the kind we see in Gregory of Nyssa or Gregory of Nazianzus, would be that no one one owns anything, but everyone has the right to the usufructs of their labor. This approach would abolish the system of rents, but everyone would be incentivized to industry because they'd be assured of keeping 100% of the use and fruits of their labor (since they wouldn't be paying tribute to a property-owner).
This essay overlooks some significant facts about property ownership. For example, you write, "Ownership gives incentive to industry, as each is confident that the returns to his labor can be used to support his loved ones." Yet a large portion of ownership is does not incentivize industry at all, but its opposite -- I'm speaking of rent. I can own a property and do nothing to develop it, yet I can collect what is essentially a tax on the industry of others who rent the property from them. So ownership incentivizes me to sit on my laurels and collect my rent, while I take advantage of the desperation of my renters who have to pay me tribute even though they do all the work.
A more Christian approach, the kind we see in Gregory of Nyssa or Gregory of Nazianzus, would be that no one one owns anything, but everyone has the right to the usufructs of their labor. This approach would abolish the system of rents, but everyone would be incentivized to industry because they'd be assured of keeping 100% of the use and fruits of their labor (since they wouldn't be paying tribute to a property-owner).