what would be the basis of socialist society
Answers
Socialism can be explained as a political and economic theory of social organisation which supports the fact that the means of production, distribution and exchange should be owned or controlled by the community as a whole.
Industrial workers and women will get better pay for their job and their working conditions will also improve drastically.
Answer:
The basis of socialist society is political and economic theory. Karl Marx believed that workers should have their rights over capitalism.
Explanation:
The advent of socialism can be well described with the political as well as economic theory of social organisation. Socialism supports the rights of the workers. As per socialism, profit which achieved by factory has the major role with the labour.
In socialism production as well as distribution of the product should be controlled by a community. No owner can take the whole authority over the product.