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- Social ownership of the means of production is the defining characteristic of a socialist economy12. It can take the form of community ownership, state ownership, common ownership, employee ownership, cooperative ownership, and citizen ownership of equity1. Social ownership is the appropriation of the surplus product, produced by the means of production, or the wealth that comes from it, to society as a whole2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.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 ownership, cooperative ownership, and citizen ownership of equity.en.wikipedia.org/wiki/Social_ownershipSocial ownership is the appropriation of the surplus product, produced by the means of production, or the wealth that comes from it, to society as a whole. It is the defining characteristic of a socialist economic system.wiki.alquds.edu/?query=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 production is the defining characteristic of a socialist economy, and can take the form of community … See more
Social ownership is variously advocated to end the Marxian concept of exploitation, to ensure that income distribution reflects individual contributions to the social product, … See more
Socialization is broadly conceived as a process that transforms the economic processes and, by extension, the social relations within an economy, away from capitalist relations. … See more
In most cases, "socialization" is understood to be a deeper process of transforming the social relations of production within economic organizations as opposed to simply changing titles of ownership. In this sense, "socialization" often involves both … See more
In Soviet-type economies, the means of production and natural resources were almost entirely owned by the state and collective enterprises. State enterprises were integrated into … See more
Particularly in the United States, the term socialization has been mistakenly used to refer to any state or government-operated industry or service (the proper term for such being either nationalization or municipalization). It has also been incorrectly used to … See more
• Korsch, Karl (1975). "What Is Socialization? A Program of Practical Socialism". New German Critique No.6: 60–81. See more
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