Nick Szabo  🔑

"Community as a whole" is typical despicable socialist speak, so I highly recommend finding a non-retarded dictionary. The only coherent definition was made by Mises: gov't ownership of capital and the shuttering of the stock market. Read the above piece.

The legal definition of ownership: whey a government owns something, they own it, not anybody else.

In particular, governments usually have a very small number of particular officials who are legally authorized to make decisions regarding the disposal or use of government property their department controls, within usually wide constraints of abstract laws and executive orders.

To call this being "controlled by the community" is a malicious double lie -- the electorate of a typical state does not form a community of people who talk to each other peer-to-peer, and the actual legal control is in the hands of only an extremely small number of officials.