Peasants' collective ownership protects land rights and economic stability post-bankruptcy.
The article discusses who owns collective property, whether it's the peasants' collective or the collective economy organization. The researchers argue that the peasants' collective is the owner, investing in the collective economy organization with various rights, not ownership of land. If the organization fails, it must use all its assets to repay debts, but not the land. After the rights expire, the land ownership reverts to the peasants' collective, allowing them to invest in new organizations. This approach aims to maintain land ownership stability, support the economy organization's role in the market, and protect peasants' livelihoods.