Question

explain the views of socialist on private property with special emphasis on Karl Marx

Answer 1

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Answer:

(i) Socialists were against private property. They saw it as the root of all social evils.
(ii) Socialists favoured society as a whole rather than single individually owned property, more attention would be paid to collective social interests.
(iii) Marx said that in capitalism, factories were owned by the capitalists and the profit of capitalists was produced by workers.
(iv) But the workers had to overthrow capitalism and the rule of private property.
(v) Marx suggested that to free themselves from the capitalist exploitation, the workers had to the construct a radically socialist society. In a socialist society, all property was socially controlled.
(vi) Marx believed that workers would triumph in their conflict with capitalists and there should be 'dictatorship of the proletariat'. This communist society is the natural society of the future. To coordinate their efforts, Socialists formed the international body, viz, the 'Second International.'

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Answer 2

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