Social ownership
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Social ownership is a type of property where an asset is recognized to be in the possession of society as a whole rather than individual members or groups within it. Social ownership of the means of p
Albert Einstein advocated for a socialist planned economy with his 1949 article "Why Socialism?"
Means of production
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In political philosophy, the means of production are the generally necessary assets and resources that enable a society to engage in production. While the exact resources encompassed may vary, they ar
Social ownership
…where an asset is recognized to be in the possession of society as a whole rather than individual members or groups within it. Social ownership of the means of production is the defining characteristic of a socialist economy, and can take the form of community ownership, state ownership, common ownership, employee…
CNT-FAI worker cooperative in Barcelona producing wood and steel products