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Marx's conception of private property has proven influential for many subsequent economic theories and for communist, socialist, and anarchist political movements, and led to the widespread association of private property—particularly private property in the means of production—with capitalism.
Self-earned private property, that is based, so to speak, on the fusing together of the isolated, independent labouring-individual with the conditions of his labour, is supplanted by capitalistic private property, which rests on the exploitation of the nominally free labour of others, i.e., wage labour (emphasis added). [13]
Marx and Engels propose the following transitional policies: the abolition of private property in land and inheritance; introduction of a progressive income tax; confiscation of rebels' property; nationalisation of credit, communication, and transport; expansion and integration of industry and agriculture; enforcement of universal obligation of ...
Karl Marx's theory of alienation describes the separation and estrangement of people from their work, their wider world, their human nature, and their selves.Alienation is a consequence of the division of labour in a capitalist society, wherein a human being's life is lived as a mechanistic part of a social class.
Criticism of the idea of primitive communism relates to definitions of property, where anthropologists such as Margaret Mead argue that private property exists in hunter-gatherer and other "primitive societies" but provide examples that Marx and subsequent theorists label as personal property, not private property.
The socialist mode of production, also known as socialism or communism, [a] is a specific historical phase of economic development and its corresponding set of social relations that emerge from capitalism in the schema of historical materialism within Marxist theory.
In political philosophy, the means of production refers to the generally necessary assets and resources that enable a society to engage in production. [1] While the exact resources encompassed in the term may vary, it is widely agreed to include the classical factors of production (land, labour, and capital) as well as the general infrastructure and capital goods necessary to reproduce stable ...
In the case of the nations which grew out of the Middle Ages, tribal property evolved through various stages — feudal landed property, corporative moveable property, capital invested in manufacture — to modern capital, determined by big industry and universal competition, i.e. pure private property, which has cast off all semblance of a ...