What radical form of socialism advocates for all means of production to be owned by the people?

Ensure success on the Industrial Revolution Honors Test. Master key concepts with multiple-choice questions. Each query is equipped with hints and explanations to deepen understanding. Prepare thoroughly for your exam!

The radical form of socialism that advocates for all means of production to be owned by the people is communism. This ideology, rooted in the ideas of Karl Marx and Friedrich Engels, envisions a classless society where the state ultimately dissolves, and all property is collectively owned. In a communist system, the means of production, resources, and goods are managed by the community as a whole instead of being controlled privately or by the state for profit.

Communism seeks to eliminate class distinctions and create a society that operates on the principle of "from each according to his ability, to each according to his needs." This reflects a deep commitment to egalitarianism and the belief that economic inequality is a source of social conflict and injustice.

Other ideologies, such as socialism, while similar, often allow for varying degrees of private ownership and state control over production, differing in their ultimate goals and methods of implementation. Fascism focuses on authoritarian government systems and nationalism rather than communal ownership. Anarchism advocates for a stateless society but does not necessarily prescribe collective ownership in the same way communism does. Thus, communism specifically aligns with the idea of all means of production being owned collectively by the people.

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