“In the traditional model, the dominant form of ownership is state ownership. The state owns the land and all other natural resources and all the enterprises and their productive assets. Collective ownership (e.g. the property of collective farms) also exists, but plays a subsidiary role, and is expected to be temporary. In due course, it is expected to be transformed into the higher form of state ownership.”
Quote by Michael Ellman
Book:Socialist Planning
Work
Socialist Planning
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