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Common ownership is a principle according to which the assets of an enterprise or other organization are held indivisibly rather than in the names of the individual members or by the government. Thus, rather than being owners of the enterprise, its members are held to be trustees of it and its assets for future generations. Common ownership is a way of neutralising capital, and vesting control of an enterprise by virtue of participation in it, rather than by the injection of capital, also in an example of business.

Produktbeschreibung
Common ownership is a principle according to which the assets of an enterprise or other organization are held indivisibly rather than in the names of the individual members or by the government. Thus, rather than being owners of the enterprise, its members are held to be trustees of it and its assets for future generations. Common ownership is a way of neutralising capital, and vesting control of an enterprise by virtue of participation in it, rather than by the injection of capital, also in an example of business.