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The Socialist SystemThe Political Economy of Communism$
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Janos Kornai

Print publication date: 1992

Print ISBN-13: 9780198287766

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198287763.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 07 April 2020

Property

Property

Chapter:
(p.62) 5 Property
Source:
The Socialist System
Author(s):

János Kornai (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/0198287763.003.0005

The first part of the chapter explains the general concepts involved in ownership. It then considers some of the characteristic forms of private property (private ownership) typical of contemporary capitalism, before going on to a methodical examination of property rights (public ownership) under the classical socialist system. This covers the state‐owned firm, other forms of state property, the co‐operative, and the very restricted scope of private property and private production.

Keywords:   capitalism, classical socialism, co‐operatives, private ownership, public ownership, state‐owned firms

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