God owns everything. The earth is the Lord's, and all it
contains, the world, and those who dwell in it (Ps. 24:1),
and God delegated ownership and dominion of His property
to man (Gen 1:26–28).
God sanctioned the protection of private property in His
law - the Ten Commandments - by including a prohibition
of theft. Jesus and the Apostles upheld this law.
The biblical witness is clear: God believes in private
property, and He not only desires us but commands us to
live by that rule as well.
Socialists believe that private property is a bad idea,
and that governments should own most or all property and
distribute it as government experts, scientists,
politicians, or voters see fit.
Under socialism, the State puts itself in the place of God
and says: "The earth is the State's, and all it contains,
the world, and those who dwell in it."