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Private property is a legal designation for the ownership of property by non-governmental legal entities. [1] Private property is distinguishable from public property , which is owned by a state entity, and from collective or cooperative property, which is owned by one or more non-governmental entities . [ 2 ]
[3]: 354–355 [4]: 17 Under Nationalist rule, the private sector owned most forests. After they had gained power, the Chinese Communist Party (CCP) gradually worked towards the abolition of private ownership. Private forest holdings continued to exist until the collectivization of the countryside. [4]: 60
Anarcho-communism is a libertarian theory of anarchism and communism which advocates the abolition of the state, private property, and capitalism in favor of common ownership of the means of production; [285] [286] direct democracy; and a horizontal network of voluntary associations and workers' councils with production and consumption based on ...
From Marxist and anarchist analyses, a society based on a superabundance of goods and common ownership of the means of production would be devoid of classes based on ownership of productive property. [29] [27] Common ownership in a hypothetical communist society is often distinguished from primitive communism, in that communist common ownership ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 8 December 2024. Type of society and economic system This article is about the hypothetical stage of socioeconomic development. For the economic systems of the former Soviet and Eastern Bloc Communist states, see Soviet-type economic planning. For communistic society, see Intentional community. Part of a ...
Inequalities in the ownership and control of wealth, income, and property can reduce the fair value of basic liberties. [3]: 149 This system does not condemn the use of markets to determine demand and fair prices, however, it asserts that private ownership of productive means may corrupt a fair equality of opportunity.
On the contrary, Engels asserts that such an exploitative "community of women" already exists under the existing social order, based in private property and money, which communism will overthrow: prostitution. Engels therefore dismisses the fear as hypocritical, intimating instead that the abolition of private property will eliminate ...
While socialism implies public ownership (by a proletarian semi-state apparatus) or cooperative ownership (by a worker cooperative enterprise), communism would be based on common ownership of the means of production. Class distinctions based on ownership of capital cease to exist, along with the need for a