state ownership

Government holds title

State ownership is when a government holds title to property, businesses, or resources rather than private individuals or corporations.

Industries like utilities, railways, and natural resources are common targets: The country returned to state ownership of its oil fields.

The term often appears in debates over nationalization versus privatization.

communism

central planning

Government directs all production

  • MarxismClass-based revolutionary philosophy
  • LeninismVanguard-led revolutionary doctrine
  • MaoismPeasant-centered communist doctrine

Stalinism · proletariat · means of production · five-year plan · soviet · collectivization · command economy · party control · expropriation · class struggle

public-sector

nationalized

Made government property

bureaucracy · administration · regulation · public assets · federal agency · government monopoly · treasury · public infrastructure · quango

collectivism

cooperative

Jointly operated enterprise

kibbutz · commonwealth · shared resources · public goods · stewardship · trusteeship · communitarianism · worker cooperative · land reform

Categories
Opposites
ownership entity

state ownershipprivate ownership

Individual control of assets

privatization · private enterprise · private property · individual ownership · private sector

economic system ideology

state ownershipcapitalism

Private profit-based economy

free market · laissez-faire · market economy · neoliberalism · libertarianism

process/transition

state ownershipprivatization

State sells public assets

denationalization · divestiture · deregulation · liberalization

Family

state, estate, owned, ownership, states, owning, estates, interstate, statesman

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Used worldwide · Timeless · Abstract · Rated G