socialism Socialism Socialism is the economic theory or system, in which the community owns the means of turnout, distribution, and exchange collectively, usually by with(predicate) the state. It is characterized by deed for use rather than profit, by compare 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 mess hall control production unlike capitalism and because production is for the grainy good rather than for individual profit.
At the same assure it is individual because workers are no longer a bounteous alienated group of people employed by a minority of owners. Work becomes a free and self-affirming activity for independently worker and they win 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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