Under the latter, the individual worker becomes the owner of the dwelling, the peasant farm, the instruments of labor; under the former, the 'working people' remain the collective owners of the houses, factories and instruments of labor, and would hardly permit of their use, at least in a transitional period, by individuals and associations without compensation for the costs, just as the abolition of property in land is not the abolition of ground rent, but its transfer, although in a modified form, to society.