A counterexample often proposed against the impossibility thesis is that of a company. It is claimed that because multiple people can come together and own shares in a company, it is an example of communal ownership.1

This thesis is incorrect as is treats companies as though they are scarce entities which can be owned, when in reality they are specific relationships between individuals constructed via contracts. Any property being directed by the company must still be owned by a singular individual, nowhere in this arrangement is property owned by multiple people.1

Footnotes

  1. The Fundamentals of Libertarian Ethics (3) 2