Ownership of means of production by all members of a group for their benefit
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Collective ownership is the ownership of property by all members of a group.[1][2] The breadth or narrowness of the group can range from a whole society to a set of coworkers in a particular enterprise (such as one collective farm). In the latter (narrower) sense the term is distinguished from common ownership and the commons, which implies open access, the holding of assets in common, and the negation of ownership as such.
Collective ownership of the means of production is the defining characteristic of socialism,[3] where "collective ownership" can refer to society-wide ownership or to cooperative ownership by an organization's members. When contrasted with public ownership, "collective ownership" commonly refers to group ownership (such as a producer cooperative).[4]
^Stein, Barry A. (1976). "Collective Ownership, Property Rights, and Control of the Corporation". Journal of Economic Issues. 10 (2): 298–313. doi:10.1080/00213624.1976.11503345. ISSN 0021-3624. JSTOR 4224489.
^Gregory and Stuart, Paul and Robert (February 28, 2013). The Global Economy and its Economic Systems. South-Western College Pub. p. 30. ISBN 978-1285055350. There are three broad forms of property ownership – private, public, and collective (cooperative). Under private ownership, the three ownership rights ultimately belong to individuals, subject to limitations of disposition, use, and earnings. Under public ownership, these rights belong to the state. With collective ownership, property rights belong to the members of the collective.
^Rosser, Mariana V. and J. Barkley Jr. (July 23, 2003). Comparative Economics in a Transforming World Economy. MIT Press. p. 53. ISBN 978-0262182348. Socialism is an economic system characterized by state or collective ownership of the means of production, land, and capital.
^Gregory and Stuart, Paul and Robert (February 28, 2013). The Global Economy and its Economic Systems. South-Western College Pub. p. 30. ISBN 978-1285055350. According to these definitions, socialism can be a theoretical or political idea that advocates a particular way of organizing economic and political life. It can be an actual economic system in which the state owns and controls resources, or it can be a system of collective or group ownership of property.
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Collectiveownership is the ownership of property by all members of a group. The breadth or narrowness of the group can range from a whole society to...
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Republic of Vietnam implemented collective farming although de jure private ownership existed. Starting in 1958 collective farming was pushed such that by...
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for the "socialist public ownership" of the means of production, which takes two forms—state ownership and collectiveownership. In 2004, the fourth amendment...
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across someone else's land. In addition, there are various forms of collectiveownership, which typically take either the form of membership in a cooperative...
becomes a collective activity, where the role of the capitalist becomes redundant (as a passive owner). Socialists generally favor social ownership either...
September 2005 to raise funds to purchase the land and bring it into collectiveownership. The project had widespread support from celebrities including Alan...
community ownership, state ownership, common ownership, employee ownership, cooperative ownership, and citizen ownership of equity. Within the context...
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both the state and private ownership of the means of production. In their place, it envisions both the collectiveownership of the means of production...
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use of the lands and their income; the granting lord retained ultimate ownership of the fee and could, technically, recover the lands in case of disloyalty...
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organizations in financial difficulty; bail-ins transfer organizations from the ownership of their former shareholders to that of their creditors, cancelling the...
An artist collective or art group or artist group is an initiative that is the result of a group of artists working together, usually under their own management...
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