This is true but I don't see that alternative approaches prevent an owner class from developing. It just creates a different kind of owner; a more politically-oriented one, with an incentive to manipulate the political system to their benefit to increase their stake in it. People then strive to become stakeholders of the state itself. I don't think that's a better form of ownership.

I'd rather capitalists be distracted pursuing land ownership rather than pursuing ownership over the machinery of ultimate power and control.

If you remove tangible forms of ownership, people will try to claim ownership over intangible things instead, like state power.