ABSTRACT

Public ownership offers a way for workers, consumers, and citizens to participate in economic decision-making and exercise community control over resources. A “de-centered” political economy can disperse decision-making authority and knowledge broadly among different actors. Seven broad types of public ownership—full state ownership, partial state ownership, regional/subnational state ownership, local/municipal state ownership, employee-owned firms, producer and consumer cooperatives—can be strategically incorporated across the economy.