In his book Wisdom and Government, Mehdi Haeri Yazdi explains his political theory about the relationship between government and people. The theoretical theme of Haeri’s view of the delegacy of collective proprietorships can be considered as a theoretic effort to establish collective proprietorships, the republic sovereignty of the government, government’s people-warranted authority, delegacy on behalf of people, the foundation of government’s legitimacy based on people’s opinion, and the government’s being responsible for its people as well as paying attention to the mutual role and status of religion and politics. This theory is titled “Delegacy of collective proprietorships”. Based on his studies of the natural and historical life of human beings, Mehdi Haeri Yazdi has tried to portray a different view of the mutual relationship between people and government. The goal of the current study is to analyze the Theory of collective proprietorships based on the analytical framework of political theories. Therefore, the question it poses could be phrased as “Is the theory of collective proprietorships credible about the fourfold criteria of the possibility of production, production strategies, means of production, and the type of production?” Using library research techniques and descriptive-analytical approach, this study has analyzed Mehdi Haeri Yazdi’s views. To this end, it is presumed that a political theory is credible when side by side with answering the questions in this study, lends itself properly to the evaluation of the fourfold criterion. The findings of this study demonstrate that despite Haeri Yazdi’s sincere efforts, his theory suffers from shortcomings that are pointed out in this study. Following a review of his theory, we have tried to analyze his theory about political theories. Overall, viewing Haeri’s political theories, taking into consideration his answers to the four major questions that form a political theory, received criticism—still, about the fourfold criteria—his theory is analyzed.