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<p>is a subset of <a href="page.php?w=social_ownership">social ownership</a>, which is the defining characteristic of a <a href="page.php?w=socialist">socialist</a> economy. However, state ownership and nationalization by themselves are not socialist, as they can exist under a wide variety of different <a href="page.php?w=Political_system">political</a> and <a href="page.php?w=economic_system">economic system</a>s for a variety of different reasons. State ownership by itself does not imply social ownership where income rights belong to society as</p><p>
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