Usufruct

Definition and stakes

P.-J. Proudhon,  What is Property? An Inquiry into the Principle of Right and of Government

“ In a word, the usufructuary is under the supervision of society, submitted to the condition of labor and the law of equality.
Thus is annihilated the Roman definition of property—THE RIGHT OF USE AND ABUSE—an immorality born of violence, the most monstrous pretension that the civil laws ever sanctioned. Man receives his usufruct from the hands of society, which alone is the permanent possessor. The individual passes away, society is deathless.
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Source: Gutenberg

The Institutes of Justinian

“ And it is no objection to this definition that an inheritance comprises things which are corporeal; for the fruits of land enjoyed by a usufructuary are corporeal too, and obligations generally relate to the conveyance of something corporeal, such as land, slaves, or money, and yet the right of succession, the right of usufruct, and the right existing in every obligation, are incorporeal. ”
Source: Gutenberg

Portrait of Frank A. Fetter Frank A. Fetter,  The Principles of Economics, with Applications to Practical Problems

“ The meaning of usufruct is the use of the fruits, or in legal phrase: "the right of using and enjoying the income of an estate or other thing belonging to another, without impairing the substance." The obvious fact is that fruits can be eaten without destroying the tree, the harvest gathered without destroying the field. By a metaphor the word in legal discussion is applied to the use of any product, and we shall employ it, as in common speech, in reference to one's own goods as well as to the goods of another. ”
Source: Gutenberg

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