Who are its people? and do they have more claim on it than others? how will they distinguish from others? what if lots of other people just show up? do they have equal claim to the resources?
There's no workable way to be socialist without being at least little nationalist.
Obvi- what do you think we want the animals or plants or building to own resources?
Right now "the people" own the police and congress. How do you like the service they provide?
Compare customer service in the private sector to the public, N. Korea to S. Korea, E. v. W Germany
