Abolition of private property definition
The distinguishing feature of Communism is not the abolition of property generally, but the abolition of bourgeois property. But modern bourgeois private property is the final and most complete expression of the system of producing and appropriating products, that is based on class antagonisms, on the exploitation of the many by the few.Chapter One deals with Marx's genaral concept of property. It focuses on what Marx considered to be the two essential notes of property: its historical characteristic, and the notion that property is a social relation. In addition, the meaning of the abolition (Aufhebung) of private property is abolition of private property definition
private property ASSETS that are held by individuals as part of their personal WEALTH. The protection of private property through legal title to assets and the enforcement of legal contracts relating to private property are a crucial foundation of a PRIVATEENTERPRISE ECONOMY.
Abolition of private property definition free
The above definition of private property is necessarily abstract, because we are dealing with private property in general To be more concrete, and to tell one mode of production from another, we have to look at the functions of property relations.
Abolition of private property means stripping billionaire investors of the ability to get rich from our labor (and taking away their political power, as well)just like the abolition of slavery was the abolition of private property in human beings.
The main characteristic of socialism (and of communism) is public ownership of the means of production, and, therefore, the abolition of private property. The right to property is the right of use and disposal. Under fascism, men retain the semblance or pretense of private property, but the government holds total power over its use and disposal.
Although private property itself again conceives all these direct realisations of possession only as means of life, and the life which they serve as means is the life of private property labour and conversion into capital.
Marx says that Communists have been reproached for desiring to abolish the right of acquiring private property through the fruits of one's labor. However, he points out, laborers do not acquire any property through their labor.
Private property definition at Dictionary. com, a free online dictionary with pronunciation, synonyms and translation. Look it up now!
abolition of private property, for me, doesn't mean displacing or challenging home ownership, or occupancy, but the waste, abuse, and mismanagement of properties, the keeping of properties empty for future potential profits, and the profiteering off of properties at the expense of peoples ability to survive or afford other basic needs like health care, food, heat, or education, etc.
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