[...] As Naidu writes, financial markets and labor relations are both arenas in which state power plays the determining role; both are shaped by the contingencies of government interference or lack thereof. When values collapse and debts go unpaid, or when a strike threatens the health and safety of the community, it falls to the courts and the police to decide which groups will come out ahead. If we follow this line of thinking, property values represent more than expectations about social desires; they represent confidence that ownership will continue to carry influence and power. Property rights are best understood as “the ability to call on the government to secure the promised flow of income.”