Private: To be “in the private” is to “live” in a “private capacity” as a Man or Woman, with flesh and blood, arms and legs, a conscious mind, a spirit, and Life. All Men and Women are created as equal Sovereigns, endowed with Unalienable Rights and Properties, including Credit equating to their valuable human energy. As natural Men and Women, they are Creditors, because they are born naturally with innate productive capacities. Their right to contract is Unlimited, and they have unlimited liability, being responsible adults. They are outside and above the State. From Latin privatus “set apart, belonging to oneself (not to the state)”.

Public: To be “in the public” is to “act” in a “public capacity” as an “accommodation party” in “joinder” to an “artificial person” created and governed by the State. All Men and Women who “act” in legal fiction “roles” for the State are granted revocable Privileges and Benefits prescribed in legislative “Acts”. As Artificial Persons, they are Debtors, because they are created legally without innate productive capacities. Their right to contract is Limited, and they have limited liability, being legally incompetent “creatures of the State”, its legal children. They are inside and under the State. From Latin publicus “of the people; of the state; done for the state”.