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Ownership society is a slogan for a model of society promoted by former United States president George W. Bush. It takes as lead values personal responsibility , economic liberty , and the owning of property .
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.
Ownership is the basis for many other concepts that form the foundations of ancient and modern societies such as money, trade, debt, bankruptcy, the criminality of theft, and private vs. public property. Ownership is the key building block in the development of the capitalist socio-economic system. [1]
Although popularised by Rawls, the term 'property-owning democracy' had been used in different ways before him. Coined by British MP Noel Skelton in 1920, the concept emphasized the terms 'property-owning' and 'democracy' as a conservative response to left-leaning ideas of liberalism and socialism.
Collective ownership is the ownership of private property by all members of a group. [ 1 ] [ 2 ] [ nb 1 ] The breadth or narrowness of the group can range from a whole society to a set of coworkers in a particular enterprise (such as one collective farm ).
Self-ownership, also known as ... But in a socialist system, the produce of labor goes to society of which the toiler himself is a part; here the worker works for ...
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