Community ownership

Overview

Community ownership is a broad term that refers to shared ownership and decision making over local assets, resources, or services, typically for the purpose of ensuring economic, cultural, and social benefits for its users. The forms of community ownership and concepts about what constitutes “ownership” are diverse and depend greatly on context. However, generally in cases of community ownership, the word “community” generally refers to people on the ground, rather than governments or the ruling class. Contemporary community ownership has developed as an alternative to the gradual enclosure and privatization of land and resources, and renewed to address emerging issues such as digitization.