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Is canceling student loan debt considered stealing?
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That's like saying if there was no law against theft I could drive away with your car, and that's not stealing. I don't think your argument is very convincing.
If the law said my car is no longer my property, then driving away with it would cease to be stealing, correct. What is property without legal, government-backed title? There's no way to formulate a definition, because without government and laws property has no meaning.
Property has existed before laws existed to enforce it. It was enforced with violence. Stealing is still stealing even if there's no law against it.
And if there was a disagreement about whose property was who's? With no laws to settle it, it would just be determined by who grabs said property and runs off with it first. That's indistinguishable from a free-for-all.