State ownership
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State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public bod
Sign denoting state property at a highway right of way in Chicago, Illinois, United States
A house number plaque marking state property in Riga, Latvia
Socialism
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Socialism is an economic ideology and political philosophy encompassing diverse economic and social systems characterised by social ownership of the means of production, as opposed to private ownershi
State ownership
…of government-owned businesses. Public ownership of the means of production is a subset of social ownership, which is the defining characteristic of a socialist economy. However, state ownership and nationalization by themselves are not socialist, as they can exist under a wide variety of different political…
New Harmony, a utopian attempt as proposed by Robert Owen
Socialists in Union Square, New York City on May Day 1912
Russian revolutionary, politician, and political theorist Vladimir Lenin in 1920
R. H. Tawney, founder of ethical socialism