Comments by "Barsukas" (@barsukascool) on "Public vs Private | The Historic Definitions of Socialism & Capitalism" video.
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@DAWN001
After doing a bit more reaserch, I think I know what TIK means. So, the very premise of his argument is that when you are [owning something] alone or in a family (or a small group), you are owning it privately. But when people come together, they make hierarchies, which, at some (unspecified) number of people become public. So, according to TIK’s argument, as I understand, something that’s publicly traded, MAY be publicly owned, because it MAY have enough people to be consisered 'public'. The question is why he didn’t just say that, and the answer probably is that most publicly traded companies have enough shares to be classed as 'public' and thus 'publicly owned'. In my personal opinion, there should be a seperate word, like 'prublic' for companies that have enough members to not be private, but are not owned by the CENTRAL state (directlyor indirectly). But there isn’t such a word.
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