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Production, services & resources don't necessarily have to be owned by individuals (directors & boards) or be owned by the state (nationalisation) they can be owned by everyone and at the same time no one. No one person would be able to have ownership over anything but personal & private property.

If "property" (general sense) is owned by "everyone and at the same time no one" what does that mean?

If it's collective ownership how is that different than state ownership? I mean, who allocates the resources and controls the necessary buearocracy? You hold a national (international?) referendum on every single issue relating to the allocation of resources? I think not, that's an impossible scenario -- so who's in charge? Who makes the decisions?