Partial common ownership is a new way of managing assets that is fairer and more efficient than those under capitalism or communism.
In partial common ownership systems (also known under the acronyms COST and SALSA), assets belong to no one and everyone. An asset’s current possessor, must self-assess and declare its value. Based on the self-assessed value, they pay a fee, which can be used to fund public goods, or distributed as a social dividend. If somebody bids more for that asset, current possessors sell it for their self-assessed value, resulting in more benefits for the public.
Read more about this concept below.