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Private property thus is an important part of capitalization within the economy. [12] Socialist economists are critical of private property as socialism aims to substitute private property in the means of production for social ownership or public property.
Socialist property is a term used in the Soviet Union and other socialist countries to refer to state, public and cooperative property. It was proclaimed that under socialism , public socialist property exists in two forms: 1) in the form of state property and 2) in the form of cooperative–collective economic property.
From a non-Marxist, market socialist perspective, the clearest benefit of social ownership is an equalization of the distribution of property income, eliminating the vast disparities in wealth that arise from private ownership under capitalism. Property income (profit, interest and rent) is distinguished from labor income (wages and salaries ...
Liberal socialism refuses to abolish capitalism with a socialist economy [209] and supports a mixed economy that includes both social ownership and private property in capital goods. [ 210 ] [ 211 ] This synthesis sees liberalism as the political theory that takes the inner freedom of the human spirit as a given and adopts liberty as the goal ...
Marxist feminism's foundation was laid by Engels in The Origin of the Family, Private Property, and the State (1884). August Bebel's Woman under Socialism (1879), is the "single work dealing with sexuality most widely read by rank-and-file members of the Social Democratic Party of Germany (SPD)". [299]
In Ancient Greece, while private property was an acknowledged part of society with the basic element of Greek economic and social life being the privately owned estate or oikos, it was still understood that the needs of the city or polis always came before those of the individual property owner and his family. [9]
The Paris Commune was considered to be a prototype mode of economic and political organization for a future socialist society by Karl Marx. Private property in the means of production was abolished so that individuals and co-operative associations of producers owned productive property and introduced democratic measures where elected officials ...
Collective ownership of the means of production is the defining characteristic of socialism, [4] where "collective ownership" can refer to society-wide ownership or to cooperative ownership by an organization's members. When contrasted with public ownership, "collective ownership" commonly refers to group ownership (such as a producer cooperative).