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2002•Economic SurveyRequires access

A New Understanding on the "Reconstruction of Private Ownership System

XU Xing-en

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Abstract

Karl Marx put forward the theory to reconstruct private ownership system on the basis of the socialist public ownership system. Different people have different understanding on this theory. This essay states that the key factors to understand this lie in a respect to the private ownership of the workers, and that the workers' private ownership based on share-holding constructs the scientific realization of public ownership.

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What this paper is about

Karl Marx put forward the theory to reconstruct private ownership system on the basis of the socialist public ownership system. Different people have different understanding on this theory. This essay states that the key factors to understand this lie in a respect to the private ownership of the workers, and that the workers' private ownership based on share-holding constructs the scientific realization of public ownership.

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Available abstract

Karl Marx put forward the theory to reconstruct private ownership system on the basis of the socialist public ownership system. Different people have different understanding on this theory. This essay states that the key factors to understand this lie in a respect to the private ownership of the workers, and that the workers' private ownership based on share-holding constructs the scientific realization of public ownership.

Key concepts: Public ownership, Realization (probability), Business, Mixed economy, State ownership, Law and economics, Public economics, Market economy

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