A Balanced Economic State
This is the first 1,000 characters of 1249 words (5 pages) in the essay titled A Balanced Economic State
|A Balanced Economic State
In a socialist society the means of production are owned by the workers rather
than by a rich minority of capitalists or functionaries. Such a system of ownership is both
collective and individual in nature. It is collective because society can control
production unlike the economic anarchy of capitalism and because production is for the
common good rather than for individual profit.
At the same time it is individual because workers are no longer a 'collective' mob
of alienated non-owners employed by a minority of owners. Work becomes a free and
self-affirming activity for each worker and they receive the full fruits of their labor. The
capitalists and their servants no longer control production nor grow rich from other's toil.
Everybody is an owner. Socialism is genuine free enterprise.
The personally empowering and cooperative nature of socialist ownership
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