public ownership
Government holds title
Public ownership is when property, business, or resources belong to the government rather than private individuals or corporations.
The term covers everything from municipal utilities to nationalized industries: The railway was brought under public ownership.
Advocates argue it serves collective interest; critics counter that it breeds inefficiency.
The opposite is private ownership or privatization.
Tools and facilities for manufacturing
- collectivizationForced communal ownership transfer
- MarxismClass-based revolutionary philosophy
- proletariatLaborers lacking capital ownership
- class struggleConflict between economic groups
central planning · planned economy · communism · labor movement · social democracy · democratic socialism · guild socialism · syndicalism
Shared community resources
- sharedHeld in common
- jointShared by multiple parties
- mutualShared between parties
- cooperativeJointly operated enterprise
community · communitarian · commonwealth · communal property · shared resources · stakeholder
Redistributing agricultural holdings
- expropriationGovernment taking private property
- wealth taxTax on total possessions
- progressive taxationRates increase with income
- economic justiceFair allocation of resources
social equity · reparations · redistributive · poverty alleviation · living wage · welfare state
Basic physical systems
- utilitiesEssential infrastructure services
- railwaysFixed-track transport systems
- postal serviceNational mail delivery system
- NHSUK state healthcare
means of production
Tools and facilities for manufacturing
- collectivizationForced communal ownership transfer
- MarxismClass-based revolutionary philosophy
- proletariatLaborers lacking capital ownership
class struggle · central planning · planned economy · communism · labor movement · social democracy · democratic socialism · guild socialism · syndicalism · worker cooperative
commons
Shared community resources
cooperative · community · communitarian · commonwealth · communal property · shared resources · stakeholder
land reform
Redistributing agricultural holdings
- expropriationGovernment taking private property
- wealth taxTax on total possessions
- progressive taxationRates increase with income
economic justice · social equity · reparations · redistributive · poverty alleviation · living wage · welfare state
infrastructure
Basic physical systems
- utilitiesEssential infrastructure services
- railwaysFixed-track transport systems
- postal serviceNational mail delivery system
- planned economiescommand economy, centralized planning, central planning, five-year plan, production quotas
- communismMarx, Marxism, Leninism, Lenin, proletariat
- socialismMarxism, communism, proletariat, bourgeoisie, means of production
- American SocialismSocialist Party, democratic socialism, Bernie Sanders, Sanders, socialist
- business ownershipsole proprietor, sole proprietorship, proprietor, LLC, corporation
- China economicsfive-year plans, Shenzhen, state enterprises, party control, central planning
public ownershipprivate ownership
Individual control of assets
private enterprise · private property · privatization · individual ownership · private sector
public ownershipcapitalism
Private profit-based economy
free market · laissez-faire · market economy · neoliberalism · Thatcherism
public, owner, owned, ownership, publicity, owners, owning, owns, publicize