Social ownership

Definition and stakes

Constitution of Socialist Federal Republic of Yugoslavia (1974)

“ III Social ownership, as an expression of socialist socio-economic relationships among people, shall be the basis of free associated labour and of the ruling position of the working class in production and in social reproduction as a whole; it shall also be the basis of personal property acquired through one's own labour and serving for the satisfaction of man's needs and interests. ”
Source: Wikisource

Arthur M. Lewis,  Evolution Social and Organic

“ With the grouping of the workers in factories production became socialized, and now came this contradiction, production was social while ownership and appropriation were individual. The Socialists of that period rightly maintained that society should either go back in production to the individual form so as to be in harmony with the existing individual form of ownership and appropriation, or it should adopt social ownership and social appropriation to harmonize with the already existing social production. ”
Source: Gutenberg

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