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InterviewSolution
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What are the views of socialists on private property? |
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Answer» Socialism does not advocate to abolish private property, but supports its limitation. In accordance with its ethos, the property giving birth to exploitation should be abolished. For example- the final control on big industrial houses should be of the state and not of private capitalist because the capitalist, on the basis of these industries, exploits the poor. The private property which is beneficial to the society as a whole should be allowed to be retained. It means that we can retain private property, private house, mandatory amenities for life, agriculture, craftsmanship, retail business and other industries of moderate dividends, as these are a must in society. |
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