Common ownership

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If everyone owns the means of wealth production and distribution then, to put it another way, nobody owns them. The concept of property in the sense of exclusive possession then becomes meaningless. Common ownership is a social relationship and not a form of legal property ownership. This social relationship will be one of equality between people with regard to the control of the use of the means of production. In practical terms, common ownership means democratic control of the means of production by the whole community. Common ownership is therefore synonymous with democracy.