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In Communism "property" gets split by function:
There is "personal property" - your clothes, toothbrush, phone, bike, house, car, etc.
"Private property" means any asset that produces something that can be used to extract profit. Think of factories, warehouses, rentals, mines, ships, servers, patents, etc.
"Common property" are things like community gardens, a public fishery (like a lake).
"Public/Social property" are usually state-owned, like public roads, the railway, the power grid (usually), etc.
"State property" also state-owned, but not publicly accessible, like the office buildings where government officials work.
My problem with these definitions is that my personal computer is also my private computer. I can use it to make money, but it's also deeply personal. Then again, Marx could not have anticipated this issue.
Thanks for the explanation. That makes sense.
This is something I've wondered about too. Maybe it should only apply to things that would be too expensive for a single person to own? If everyone can have their own, then it's personal property, even if you can make money from it.