this post was submitted on 15 May 2024
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There's a difference between private ownership and personal ownership. For example, in Marxism, personal property is very much respected. Nobody is coming after your toothbrush or your house. What's meant by private property is owning enterprises that employ other people to work for you. This is replaced by cooperative ownership where workers own the business collectively.
That may be an option then.
Still not convinced it's only way from here, or even the best way. It would depend entirely on the details.
There may be other ways forward, but it's the one way that's known to work in practice.