Ownership, correct. Who gets to the keep the surplus (profits). Tragically, I biffed. USSR is public (as in the state is the owner) and USA is private (as in y

Ownership, correct. Who gets to the keep the surplus (profits). Tragically, I biffed. USSR is public (as in the state is the owner) and USA is private (as in you and me). I wish I could remember where I heard this taxonomy. James C Scott, Richard Wolfe, other? Sorry. A quick search suggests "USSR is state capitalism" was one of Trotsky's (many) criticisms of the USSR. Wage labor, exploitation, yadda, yadda.