Public Property
There is a distinction to be made between state ownership and public property. The former may refer to assets operated by a specific organization of the state used exclusively by their operators or that organization, such as a research laboratory, while public property refers to assets and resources that are available to the entire public for use, such as a public park (see public space).
Read more about this topic: State Ownership
Famous quotes containing the words public and/or property:
“Most of the rules and precepts of the world take this course of pushing us out of ourselves and driving us into the market place, for the benefit of public society.”
—Michel de Montaigne (1533–1592)
“It is clearly better that property should be private, but the use of it common; and the special business of the legislator is to create in men this benevolent disposition.”
—Aristotle (384–322 B.C.)