community ownership

Group holds title

Community ownership is a model in which property, resources, or enterprises are collectively owned and managed by a group rather than by individuals or corporations.

The community might be a neighborhood, town, or cooperative membership.

Community ownership appears in contexts like land trusts, renewable energy projects, and local businesses: The solar farm operates under community ownership.

The arrangement aims to keep benefits local and decisions democratic.

Opposites
ownership entity

community ownershipprivate ownership

Individual control of assets

private property · individual ownership · sole proprietorship · corporate ownership · private enterprise

economic ideology

community ownershipprivatization

State sells public assets

capitalism · enclosure · free market economy · laissez-faire · private enterprise

access and exclusion

community ownershipprivate property

Individually owned assets

exclusive rights · restricted access · proprietary

Family

community, ownership, commune, communal, communally, communion, communism, communist, communicate

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Abstract · Positive · Everyday, not technical · Rated G