Ownership of property may be private, collective, or common and the property may be objects, land/real estate or intellectual property. Determining ownership in law involves determining who has certain rights and duties over the property. These rights and duties, sometimes called a 'bundle of rights', can be separated and held by different parties.

The question of ownership reaches back to the ancient philosophers, Plato and Aristotle, who held different opinions on the subject. Plato (428/427BC-348/347BC) thought private property created divisive inequalities, while Aristotle (384BC-322BC) thought private property enabled people to receive the full benefit of their labor. Private property also circumvents what is now referred to as the “tragedy of the commons” problem, where people tend to degrade common property more than they do private property. While Aristotle justified the existence of private ownership, he left open questions of (1) how to allocate property between what is private and common and (2) how to allocate the private property within society.

Next Time (sometimes rendered "Некст Тајм" in Macedonian Cyrillic) is a rock duo from Skopje, Republic of Macedonia. The duo consists of twin brothers Martin and Stefan Filipovski. Stefan fronts the band as the lead singer, while Martin plays the guitar and sings back-up vocals. The group represented Macedonia at the Eurovision Song Contest 2009 in Moscow, Russia but failed to reach the final.

Next Time was formed in early 2008 after they signed with Plan B Production. Previously they performed as a garage band at children's music festivals. Discovered by composer and songwriter, Jovan Jovanov, the Macedonian duo released their first single "Ne Veruvam Vo Tebe" ("I Don't Believe in You") in May, 2008. The song's lyrics were written by Next Time with Jovanov as the producer. "Ne Veruvam Vo Tebe" immediately topped a number of charts in Macedonia and was quickly a hit which shot Next Time through the roof of the Macedonian music scene.^{[citation needed]} The band also released their first music video for the song. Next Time's first festival appearance was at the First Radio Music Festival "Zvezdena Nok" in June, 2008. At "Zvezdena Nok", the duo won the "Summer Hit of the Year" award with their second song "Me Mislish Li?" ("Am I In Your Thoughts?"). Two months later at Ohrid Fest, Next Time were voted "Best New Artist" with their third single "Me Ostavi Sam Da Zhiveam" ("You Left Me All Alone"). Next Time's biggest festival success came in October when they won the second semi-final at MakFest. With their fourth single "Bez Tebe Tivko Umiram" ("I'm Slowly Dying Without You") they went on to finish second in the final, only three points behind the winner.