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Private property will be abolished from "summary" of The Communist Manifesto and Other Writings by Karl Marx,Friedrich Engels

The abolition of private property is a key tenet of the communist ideology put forth by Marx and Engels. This concept challenges the prevailing social order, which is based on the ownership of property by individuals or a small group of capitalists. According to Marx and Engels, private property leads to the exploitation of the working class by the bourgeoisie, resulting in inequality, alienation, and class conflict. By abolishing private property, Marx and Engels aim to create a more equitable society where the means of production are collectively owned and controlled by the workers. This would eliminate the division between the bourgeoisie and the proletariat, leading to a classless society where all individuals have equal access to resources and opportunities. The abolition of private property is not meant to deprive individuals of their personal possessions or belongings. Instead, it seeks to transform the economic system by eradicating the concentration of wealth and power in the hands of a few. This would enable the redistribution of resources in a way that benefits the entire community, rather than serving the interests of a privileged minority. In the communist society envisioned by Marx and Engels, private property would be replaced by communal ownership, where decisions about production and distribution are made collectively and in the interest of the common good. This would foster a sense of solidarity and cooperation among individuals, rather than competition and exploitation. The abolition of private property represents a radical departure from the prevailing capitalist system, which prioritizes profit over people and perpetuates social inequalities. Marx and Engels argue that by eliminating the concept of private property, society can move towards a more just and sustainable economic system that serves the needs of all individuals, rather than a select few.
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    The Communist Manifesto and Other Writings

    Karl Marx

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