Redefining property rights

The "reformers" come to power and say:< 'From now on, all the factories will be owned by everyone.'< (the crowd cheers)< 'All the railroads will be owned by everyone'< (the crowd cheers)< 'All the cars will be owned by everyone'< (the crowd cheers)< 'All the bicycles will be owned by everyone'< 'Wait a minute. I "have" a bicycle', says one.