Of Property

 

Socialists believe that property used for individual consumption should be personal property, and property used for individual production should also be personal property.  A large factory or a large farm are not used for individual production, but are used for collective production.  What is used for collective production should be collective property, managed collectively through democratic procedures.  What is used for collective consumption should be collective property, distributed according to the needs of each and every individual consumer.

 

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