Explain the views of the socialists on private property with special emphasis on Karl Marks.
1. Socialists were against private property, and saw it as the root of all social ills of time.
2. Socialists favoured society as a whole rather than individually controlled property; more attention would be paid to collective social interests.
3. Marx argued that industrial society was capitalist. Capitalists owned the capital invested in factories, and the profit of capitalists was produced by workers.
4. Workers had to overthrow capitalism and the rule of private property.
5. Marx believed that to free themselves from capitalist exploitation, workers had to construct a radically socialist society where all property was socially controlled.
