MARKET AND ITS PROJECTIONS INTO OWNERSHIP IN ARCHAIC ROME

Abstract

Ownership, as a right, has an abstract character, for it can be exercised over a vast set of assets, at least over all corporal goods. It puts under the same transaction rules a large set of assets, without regard to whether they are capital or products, putting them all under the same circulation rules. This feature, sometimes neglected by legal scholars when analyzing ownership, makes possible the development of a market economy and therefore has a large socioeconomic importance. It was developed in Rome during the transformation of its economy into a market one during the 2nd century BC and was inherited by Modern world.