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. 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 economic system. Common ownership of the means of production is a central goal of communist political movements as it is seen as a necessary democratic mechanism for the creation and continued function of a communist society. Advocates make a distinction between collective ownership and common property as the former refers to property owned jointly by agreement of a set of colleagues, such as producer cooperatives, whereas the latter refers to assets that are completely open for access, such as a public park freely available to everyone. While virtually all societies have elements of common ownership, societies have existed where common ownership extended to essentially all possessions. Another term for this arrangement is a 'gift economy' or communalism. Many nomadic societies effectively practiced common ownership of land. Marxist theory (specifically Friedrich Engels) holds that hunter-gatherer societies practiced a form of primitive communism as based on common ownership on a subsistence level. The first church in Jerusalem shared all their money and possessions (Acts of the Apostles 2 and 4). Inspired by the Early Christians, many Christians have since tried to follow their example of community of goods and common ownership. Common ownership is practiced by some Christian groups such as the Hutterites (for about 500 years), the Bruderhof (for some 100 years) and others. In those cases, property is generally owned by a charity set up for the purpose of maintaining the members of the religious groups. Common ownership is practised by large numbers of voluntary associations and non-profit organizations as well as implicitly by all public bodies. Most co-operatives have some element of common ownership, but some part of their capital may be individually owned. Many socialist movements advocate the common ownership of the means of production by all of society as an eventual goal to be achieved through the development of the productive forces, although many socialists classify socialism as public-ownership of the means of production, reserving common ownership for what Karl Marx termed 'upper-stage communism'. From a Marxist analysis, a society based on a superabundance of goods and common ownership of the means of production would be devoid of classes based on ownership of productive property. Therefore, public or state ownership of industry is seen as a temporary measure to be adopted during the transition from capitalism to socialism, which will eventually be displaced by common ownership as state authority becomes obsolete as class distinctions evaporate. Common ownership in a hypothetical communist society is distinguished from primitive forms of common property that have existed throughout history, such as Communalism and primitive communism, in that communist common ownership is the outcome of social and technological developments leading to the elimination of material scarcity in society. From 1918 until 1995 the common ownership of the means of production, distribution and exchange was cited in Clause IV of its constitution as a goal of the British Labour Party and was quoted on the back of its membership cards. The clause read: