• roux is a lib@lemmy.ml
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    1 year ago

    Private property is the capital, the actual means of production. Personal property is your stuff.

    • rockstarpirate@lemmy.world
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      1 year ago

      That’s only true within the sphere of Marxist ideology and is not a widely-held distinction made by the rest of society. i.e., actual current law wherein:

      Private property refers to the ownership of property by private parties - essentially anyone or anything other than the government. Private property may consist of real estate, buildings, objects, intellectual property (copyright, patent, trademark, and trade secrets). The transfer of a private property commonly takes place by the owner’s consent or through a sale or as a gift.

      Outside of Marxist ideology, and in actual practice, individuals are one class of private entity, making personal property a type of private property. The average person can not be expected to fully understand the nuances of how Marxism alters these definitions, nor accept them in practicality.

      • roux is a lib@lemmy.ml
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        1 year ago

        The post is about communism. I’m not sure why you would ask about where the definition came from if you already know how communists view property.