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For many years, attention in both public and intellectual fields was concentrated on the benefits of civil society. However, with the demand for greater state regulation of the economy and the increasing realisation that states of the fourth world will never advance without the enforcement of a rule of law, the tenor of debate is now changing.

— John L. Campbell

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Property rights define the institutional basis of power relations in production, exchange and accumulation, rather than just the relationship of actors to property. The ability to manipulate property rights affords the state important leverage over the balance of power among actors in the economy.

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Quote text and notes from Wikiquote: John L. Campbell (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.