“Revolving” Ownership: The Interplay between Yang-Ownership and Yin-Ownership

Abstract

The article examines the concept of “revolving ownership” as a metamodel of property, whose structure allows for the interchange (rotation) of diverse components included in it, each capable of achieving different objectives through varied means. It is noted that the metamodel of revolving ownership can be utilized in the creation and structuring of property models over specific entities, necessitating consideration of specific social and environmental factors. In this context, a distinction is made between yang-ownership (“classic” private ownership used as an instrument for growth through extraction and accumulation, analogous to so-called “extractive” ownership) and yin-ownership (engaged possession involving a healthful balance between rights and obligations, i.e., flexible distribution of various components aimed at achieving sustainable equilibrium, analogous to the so-called “generative” ownership).