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To What Extent Have Socialist Favoured Common Ownership?

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The attitude to property sets socialism apart from Liberalism and Conservatism, which both regard property ownership as natural. Common ownership for socialist is a key principle because they believe according to Socialists property is unjust: they favour common ownership because wealth is produced by the collective effort of human labour, thus should be owned by the community not by privately by individuals.
Another reason why socialists favour common ownership is because they believe property breeds acquisitiveness therefore is morally corrupting. Socialists argue that private property encourages people to be materialistic, leading individuals to believe human happiness can be gained through the pursuit of wealth. Those with their own property want to gain more, whilst those who have little or no wealth can no longer acquire it.
Socialists also believe property is divisive: It creates conflict in society, for example, this is most clearly illustrated in the Marxist belief of class conflict. According to Marx, class is linked to economic power, as defined by the individuals relationship to the means of production, Class conflict is therefore between ‘capital’ and ‘labour’, that is between the bourgeoisie; owners of productive wealth, and the proletariat; those who live off the sale of their labour.
Those who believe in fundamentalist socialism, which is a form of socialism that seeks to abolish capitalism and replace it with a qualitatively different kind of society, favour common ownership of wealth. Marx and Engels wanted the abolition of private property, so that society will ultimately become classless and there would be no economic inequality amongst humans. This theory is based on the principle of fraternity within Socialism. Fraternity means brotherhood, bonds of sympathy between and amongst human beings.
In practice, when Lenin and the Bolsheviks

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