本文认为 ,国有企业的股份制改造是资本从国有到社会所有的“社会化”改造 ,不管国家控股与否 ,都不影响资本这种改造的性质。真正的公有制实现形式是“社会所有制”。国有企业的股份制改造不仅不会动摇公有制经济的基础 ,反而会完整、真正地实现公有制。 This paper argues that the reform of the shareholding system of state-owned enterprises is a “social” transformation of capital from state-owned to social ownership. No matter whether the state controls or not, the nature of the transformation of capital will not be affected. The real form of public ownership is “social ownership.” The shareholding reform of state-owned enterprises will not only undermine the foundation of the public-owned economy, but will actually complete the public ownership.