Collective ownership is the ownership of property by all members of a group. 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 Collective farming and communal farming are various types of, "agricultural production in which multiple farmers run their holdings as a joint enterprise". There are two broad types of communal farms: agricultural cooperatives, in which member ...

). In the latter (narrower) sense the term is distinguished from

common ownership Common ownership refers to holding the assets of an organization, enterprise or community indivisibly rather than in the names of the individual members or groups of members as common property. Forms of common ownership exist in every economi ...

and the commons, which implies open-access, the holding of assets in common, and the negation of ownership as such. Collective ownership of the means of production is the defining characteristic of socialism, where "collective ownership" can refer to society-wide ownership or to

cooperative A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-contro ...

ownership by an organization's members. When contrasted with public ownership, "collective ownership" commonly refers to group ownership (such as a producer cooperative).

References

Cooperatives Economic systems Ownership Socialism {{econ-stub

See also

References