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Common ownership in a hypothetical communist society is often distinguished from primitive communism, in that communist common ownership is the outcome of social and technological developments leading to post-scarcity and thus the elimination of material scarcity in society. [30]
A common pool resource however is often managed the group of people that have access to that resource [14]. Examples of this can be air, water, sights, and sounds. Tragedy of the commons refers to this title. An example would be unregulated forests as there's limited resources available and therefore rivalrous, but anyone may access these ...
Actual resources are those resources whose location and quantity are known and we have the technology to exploit and use them. Potential resources are those of which we have insufficient knowledge or do not have the technology to exploit them at present. Based on ownership, resources can be classified as individual, community, national, and ...
The former is defined as the means of production about private ownership over an economic enterprise based on socialized production and wage labor whereas the latter is defined as consumer goods or goods produced by an individual. [17] [18] Prior to the 18th century, private property usually referred to land ownership.
Public ownership by an entity or network of entities representing society, which may be national or municipal in scope. [37] Cooperative ownership, with the members of each individual enterprise being co-owners of their organization. [38] Common ownership, with open access for everyone in society, and where assets are indivisibly held in common.
Concerning ownership of means of production and delineating which groups receive the direct profits, capitalism's private ownership is distinguished from socialism's social ownership. [13] Ownership of resources can be distinguished as either as individual or communal, analogous to private or public in delineating who has rights of use. [14]
The ownership and organization of the social means of production is a key factor in categorizing and defining different types of economic systems. The means of production includes two broad categories of objects: instruments of labor (tools, factories , infrastructure , etc.) and subjects of labor ( natural resources and raw materials ).
Anthropology studies the diverse ownership systems, rights of use and transfer, and possession [26] under the term "theories of property". As mentioned, western legal theory is based on the owner of property being a legal person. However, not all property systems are founded on this basis.