socialism Socialism Socialism is the economic theory or system, in which the community owns the means of turnout, distribution, and exchange collectively, usually finished with(predicate) the state. It is characterized by employment for use rather than profit, by comparability of individual wealth, by the absence of competitive economic activity, and, usually, by government determination of investment, prices and production levels. It is collective because society green goddess control production unlike capitalism and because production is for the bluff good rather than for individual profit.
At the same fitting it is individual because workers are no longer a expectant alienated group of people employed by a minority of owners. Work becomes a free and self-affirming activity for one by one worker and they pay for the benefits of the labor. The capitalists no longer control production nor grow rich from others hard work—everybody is an owner. Socialism in theory means far healthier individuals...If you want to receive a full essay, order it on our website:
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