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What were the views of the socialists?

Posted by K Sharma 5 years, 3 months ago

CBSE > Class 09 > Social Science

1 answers

Yogita Ingle 5 years, 3 months ago

The views of the socialists on private property with special emphasis on Karl Marx were as follows:
(i) By the mid-19th century in Europe, socialism was a popular body of ideas. Socialists were against private property. The 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. But the worker had to overthrow capitalism and the rule of private property.

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CBSE > Class 09 > Social Science