THE MEANS OF PROD. , DISTRIBUTION, OR EXCHANGE SHOULD BE OWNED OR REGULATED BY THE COMMUNITY AS A WHOLE
(one of the visions of how society should be structured)
Socialists against PRIVATE property as it was the root of all social ills
WHY SOCIALISM??
Property owners provided employment
these people concerned with personal gain
not with the welfare of those who made the property productive
so if socialism is present
MORE ATTENTION WILL BE PAID TO COLLECTIVE SOCIAL INTERESTS
SOCIALISTS HAD DIFF. VIEWS OF THE FUTURE:
Robert Owen
Leading English manufacturer
Sought to build a co-operative community called NEW HARMONY in Indiana
It was felt that co-op can be built only when
government encouraged them
Louis Blanc
Wanted the gov. to encourage co-op and replace capitalist enterprises.
These co-ops were to be associations of people who produced goods and
the profit can be DIVIDED ACCORDING TO THE WORK DONE BY MEMBERS
Karl Marx
Argued that industrial society 'capitalist'
(FELT) Capitalists owned the capital invested in
factories and the profit was actually produced
by the workers
Condition of workers could not improve as long as the profit was
accumulated by private property.