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Social ownership

Index Social ownership

Social ownership is any of various forms of ownership for the means of production in socialist economic systems, encompassing public ownership, employee ownership, cooperative ownership, citizen ownership of equity, common ownership and collective ownership. [1]

64 relations: Abba P. Lerner, Alexander Nove, Antonie Pannekoek, Calculation in kind, Capital accumulation, Capital market, Collective ownership, Common ownership, Commons-based peer production, Constant capital, Consumers' co-operative, Economic rent, Economic system, Eduard Bernstein, Egalitarianism, Employee stock ownership plan, Ernst Mach, Exploitation of labour, Factor market, Fred M. Taylor, Holacracy, John Roemer, Karl Kautsky, Karl Marx, Labor-time calculation, Labour voucher, Law of value, Ludwig von Mises, Marginal product of labor, Market socialism, Marx's theory of alienation, Marxism, Maurice Dobb, Means of production, Money, Municipalization, Mutualism (economic theory), Nationalization, Open-source software, Oskar R. Lange, Otto Neurath, Overaccumulation, Peter Drucker, Pierre-Joseph Proudhon, Political system, Private property, Profit (economics), Property income, Relations of production, Richard D. Wolff, ..., Routledge, Rudolf Meidner, Silicon Valley, Social dividend, Socialism, Socialist calculation debate, Socialist Federal Republic of Yugoslavia, Soviet-type economic planning, State ownership, Surplus product, Swedish Social Democratic Party, To each according to his contribution, Worker cooperative, Workers' self-management. Expand index (14 more) »

Abba P. Lerner

Abraham (Abba) Ptachya Lerner (also Abba Psachia Lerner; 28 October 1903 – 27 October 1982) was a Russian-born British economist.

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Alexander Nove

Alexander Nove, FRSE, FBA (born Aleksandr Yakovlevich Novakovsky; Алекса́ндр Я́ковлевич Новако́вский; also published under Alec Nove; 24 November 1915 – 15 May 1994) was a Professor of Economics at the University of Glasgow and a noted authority on Russian and Soviet economic history.

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Antonie Pannekoek

Antonie (Anton) Pannekoek (2 January 1873 – 28 April 1960) was a Dutch astronomer, Marxist theorist, and social revolutionary.

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Calculation in kind

Calculation in kind or calculation in nature is a way of valuating resources and a system of accounting that uses disaggregated physical magnitudes as opposed to a common unit of calculation.

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Capital accumulation

Capital accumulation (also termed the accumulation of capital) is the dynamic that motivates the pursuit of profit, involving the investment of money or any financial asset with the goal of increasing the initial monetary value of said asset as a financial return whether in the form of profit, rent, interest, royalties or capital gains.

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Capital market

A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold.

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Collective ownership

Collective ownership is the ownership of means of production by all members of a group for the benefit of all its members.

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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.

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Commons-based peer production

Commons-based peer production (CBPP) is a term coined by Harvard Law School professor Yochai Benkler.

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Constant capital

Constant capital (c), is a concept created by Karl Marx and used in Marxian political economy.

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Consumers' co-operative

Consumers' co-operatives are enterprises owned by consumers and managed democratically which aim at fulfilling the needs and aspirations of their members.

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Economic rent

In economics, economic rent is any payment to an owner or factor of production in excess of the costs needed to bring that factor into production.

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Economic system

An economic system is a system of production, resource allocation and distribution of goods and services within a society or a given geographic area.

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Eduard Bernstein

Eduard Bernstein (6 January 185018 December 1932) was a German social-democratic Marxist theorist and politician.

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Egalitarianism – or equalitarianism – is a school of thought that prioritizes equality for all people.

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Employee stock ownership plan

An employee stock ownership plan (ESOP) is an employee-owner program that provides a company's workforce with an ownership interest in the company.

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Ernst Mach

Ernst Waldfried Josef Wenzel Mach (18 February 1838 – 19 February 1916) was an Austrian physicist and philosopher, noted for his contributions to physics such as study of shock waves.

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Exploitation of labour

Exploitation of labour is the act of treating one's workers unfairly for one's own benefit.

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Factor market

In economics, a factor market is a market where factors of production are bought and sold, such as the labor market, the physical capital market, the market for raw materials, and the market for management or entrepreneurial resources.

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Fred M. Taylor

Fred Manville Taylor (July 11, 1855, Northville, Michigan – August 7, 1932) was a U.S. economist and educator best known for his contribution to the theory of market socialism.

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Holacracy is a method of decentralized management and organizational governance trademarked by HolacracyOne, in which authority and decision-making are distributed throughout a holarchy of self-organizing teams rather than being vested in a management hierarchy.

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John Roemer

John E. Roemer (born February 1, 1945 in Washington D.C.) is an American economist and political scientist.

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Karl Kautsky

Karl Johann Kautsky (16 October 1854 – 17 October 1938) was a Czech-Austrian philosopher, journalist, and Marxist theoretician.

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Karl Marx

Karl MarxThe name "Karl Heinrich Marx", used in various lexicons, is based on an error.

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Labor-time calculation

Labor-time calculation is a method of economic calculation that uses labor time as the basic unit of accounting and valuation.

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Labour voucher

Labour vouchers (also known as labour cheques, labour certificates, and personal credit) are a device proposed to govern demand for goods in some models of socialism, unlike money does under capitalism.

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Law of value

The law of value (German: Wertgesetz) is a central concept in Karl Marx's critique of political economy, first expounded in his polemic The Poverty of Philosophy (1847) against Pierre-Joseph Proudhon, with reference to David Ricardo's economics.

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Ludwig von Mises

Ludwig Heinrich Edler von Mises (29 September 1881 – 10 October 1973) was an Austrian-American theoretical Austrian School economist.

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Marginal product of labor

In economics, the marginal product of labor (MPL) is the change in output that results from employing an added unit of labor.

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Market socialism

Market socialism is a type of economic system involving the public, cooperative or social ownership of the means of production in the framework of a market economy.

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Marx's theory of alienation

Karl Marx's theory of alienation describes the estrangement (Entfremdung) of people from aspects of their Gattungswesen ("species-essence") as a consequence of living in a society of stratified social classes.

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Marxism is a method of socioeconomic analysis that views class relations and social conflict using a materialist interpretation of historical development and takes a dialectical view of social transformation.

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Maurice Dobb

Maurice Herbert Dobb (24 July 1900 – 17 August 1976) was a British economist at Cambridge University and a Fellow of Trinity College, Cambridge.

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Means of production

In economics and sociology, the means of production (also called capital goods) are physical non-human and non-financial inputs used in the production of economic value.

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Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context.

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Municipalization is the transfer of corporations or other assets to municipal ownership.

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Mutualism (economic theory)

Mutualism is an economic theory and anarchist school of thought that advocates a society with free markets and occupation and use property norms.

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Nationalization (or nationalisation) is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state.

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Open-source software

Open-source software (OSS) is a type of computer software whose source code is released under a license in which the copyright holder grants users the rights to study, change, and distribute the software to anyone and for any purpose.

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Oskar R. Lange

Oskar Ryszard Lange (27 July 1904 – 2 October 1965) was a Polish economist and diplomat.

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Otto Neurath

Otto Neurath (December 10, 1882 – December 22, 1945) was an Austrian philosopher, philosopher of science, sociologist, and political economist.

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Overaccumulation is one of the potential causes of the crisis of capital accumulation.

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Peter Drucker

Peter Ferdinand Drucker (November 19, 1909 – November 11, 2005) was an Austrian-born American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation.

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Pierre-Joseph Proudhon

Pierre-Joseph Proudhon (15 January 1809 – 19 January 1865) was a French politician and the founder of mutualist philosophy.

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Political system

A political system is a system of politics and government.

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Private property

Private property is a legal designation for the ownership of property by non-governmental legal entities.

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Profit (economics)

In economics, profit in the accounting sense of the excess of revenue over cost is the sum of two components: normal profit and economic profit.

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Property income

Property income refers to profit or income received by virtue of owning property.

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Relations of production

Relations of production (German: Produktionsverhältnisse) is a concept frequently used by Karl Marx and Friedrich Engels in their theory of historical materialism and in Das Kapital.

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Richard D. Wolff

Richard David Wolff (born April 1, 1942) is an American Marxian economist, well known for his work on Marxian economics, economic methodology, and class analysis.

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Routledge is a British multinational publisher.

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Rudolf Meidner

Rudolf Alfred Meidner (23 June 1914 in Breslau, Silesia – 9 December 2005 in Lidingö, Sweden) was a Swedish economist.

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Silicon Valley

Silicon Valley (abbreviated as SV) is a region in the southern San Francisco Bay Area of Northern California, referring to the Santa Clara Valley, which serves as the global center for high technology, venture capital, innovation, and social media.

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Social dividend

The social dividend is the return on the capital assets and natural resources owned by society in a socialist economy.

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Socialism is a range of economic and social systems characterised by social ownership and democratic control of the means of production as well as the political theories and movements associated with them.

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Socialist calculation debate

The socialist calculation debate (sometimes known as the economic calculation debate) was a discourse on the subject of how a socialist economy would perform economic calculation given the absence of the law of value, money, financial prices for capital goods, and private ownership of the means of production.

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Socialist Federal Republic of Yugoslavia

The Socialist Federal Republic of Yugoslavia (SFR Yugoslavia or SFRY) was a socialist state led by the League of Communists of Yugoslavia, that existed from its foundation in the aftermath of World War II until its dissolution in 1992 amid the Yugoslav Wars.

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Soviet-type economic planning

Soviet-type economic planning (STP) is the specific model of centralized economic planning employed by Marxist-Leninist socialist states modeled on the economy of the Soviet Union.

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State ownership

State ownership (also called public ownership and government ownership) is the ownership of an industry, asset, or enterprise by the state or a public body representing a community as opposed to an individual or private party.

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Surplus product

Surplus product (German: Mehrprodukt) is an economic concept explicitly theorised by Karl Marx in his critique of political economy.

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Swedish Social Democratic Party

The Swedish Social Democratic Party (Sveriges socialdemokratiska arbetareparti, SAP; literally, "Social Democratic Workers' Party of Sweden"), contesting elections as the Arbetarepartiet–Socialdemokraterna ('The Workers' Party – The Social Democrats'), usually referred to just as the 'Social Democrats' (Socialdemokraterna); is the oldest and largest political party in Sweden.

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To each according to his contribution

"To each according to his contribution" is a principle of distribution considered to be one of the defining features of socialism.

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Worker cooperative

A worker cooperative, is a cooperative that is owned and self-managed by its workers.

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Workers' self-management

Self-management or workers' self-management (also referred to as labor management, autogestión, workers' control, industrial democracy, democratic management and producer cooperatives) is a form of organizational management based on self-directed work processes on the part of an organization's workforce.

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Redirects here:

Citizen ownership of equity, Social ownership of the means of production, Socialisation of production, Socialization (economics), Socialization of production, Socialized economy.


[1] https://en.wikipedia.org/wiki/Social_ownership

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