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this post was submitted on 16 Oct 2023
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Your (socialist) distinction between "personal property" (consumer goods) and private property (producer goods) is purely arbitrary. The difference between consumer and producer goods is totally subjective, as it depends of the individual using that good.
Each people as its own goals, they can use various means to achieve them and their knowledge, preferences and skills are not the same.
Your understanding of the distinction between personal and private property is simply flawed. Personal property is something that is owned by a single individual for their personal use, i.e. buying a house for you and your family to live in, while private property is something owned by either an individual or a corporation of people for the sole purpose of making money, i.e. buying a house that you never plan to live in for the sole purpose of renting it out to make more money.
A corporation can own consumer goods and it be private property, like Walmarts warehouses of consumer goods, and an individual can own producer goods as their own personal property, like tools and raw materials in their workshop.
The distinction is important because it boils down to intent and the inevitable consequences of that intent. Private property solely exists to make money, and therefore will put that goal above everything, leading to things like market manipulation, exploitation, and enforced scarcity. Trade is not capitalism, and capitalism isn't "when people trade".