[happymellon]

> Owned by citizens, or SMALL groups of those. Like small family business, or company with a few dozen workers each owning equal share in the company.

That is Socialism.

https://en.m.wikipedia.org/wiki/Socialism

Of course socialism could also mean state run, which Americans get really hung up on because they can't tell the difference between communism and socialism, but most people outside of the US use it to include:

Community

Collective

Employee

Owned/run services. It would vary depending on how much of a monopoly each service ultimately becomes. Building a power station is unlikely to work well as a community run effort, for example so that would likely require being state run. Grocery stores less so.

Whether other commenters view socialism as good or bad is irrelevant here.