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PERSPECTIVE
Supplies New gadgets , appliances and luxuries that arouses envy to the
people who cannot afford them and inspire ceaseless obsession to those who already own
too much (Richard Layard)
SOCIALISM
A theory or system of social
organization based on the
holding of most property in
common, with actual ownership ascribed to the
workers
Robert Owen, Pierre Leroux, Karl Marx,Fredrick Engels, John Stuart Mill, Albert Einstein, George Bernard Shaw, Leo Tolstoy, Emma Goldman
PROPONENTS
Wealth redistributed so that everyone in society is
given somewhat equal shares of the benefits
derived from labor, but people can earn more if
they work harder. Means of production are controlled
by the workers themselves.
WHAT IS IN IT?