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Socialism Marxism Communism Socialism Central to the meaning of socialism is common ownership This means the resources of the world being owned in common by the entire global population But does it really make sense for everybody to own everything in common Of course some goods tend to be for personal consumption rather than to share clothes for example People owning certain personal possessions does not contradict the principle of a society based upon common ownership In practice common ownership will mean everybody having the right to participate in decisions on how global resources will be used It means nobody being able to take personal control of resources beyond their own personal possessions Democratic control is therefore also essential to the meaning of socialism Socialism will be a society in which everybody will have the right to participate in the social decisions that affect them These decisions could be on a wide range of issues one of the most important kinds of decision for example would be how to organise the production of goods and services Production under socialism would be directly and solely for use With the natural and technical resources of the world held in common and controlled democratically the sole object of production would be to meet human needs This would entail an end to buying selling and money Instead we would take freely what we had communally produced The old slogan of from each according to ability to each according to needs would apply So how would we decide what human needs are This question takes us back to the concept of democracy for the choices of society will reflect their needs These needs will of course vary among different cultures and with individual preferences but the democratic system could easily be designed to provide for this variety We cannot of course predict the exact form that would be taken by this future global democracy The democratic system will
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