ANSWERS: 1
  • 1) "Marxian Socialists, on the other hand, determined that the root of the injustice is based not in the function of distribution of goods already created, but rather in the fact that the ownership of the means of production is in the hands of the upper class." Source and further information: http://en.wikipedia.org/wiki/Types_of_socialism 2) "We all think we know what capitalism is, but have you ever tried to define it? Something to do with markets and profits, perhaps? Ownership? Exploitation and class struggle? These things are clearly in there somewhere, but that’s not quite a definition is it?" "The Penguin Dictionary of Politics goes for a more substantial definition: “The economic system under which the ownership of the means of production is concentrated in the hands of a class, consisting of only a minor section of society, and under which there is a property-less class for whom the sale of their labour power, as a commodity, is the only source of livelihood.” It goes on to point out that capitalism does not necessarily imply free enterprise, since markets tend to become dominated by monopolies and cartels. A good point which ordinary dictionaries miss." Source and further information: http://www.thecitizen.org.uk/articles/vol2/article11a.htm 3) "The more common definition of capitalism - simply the private ownership of the means of production - overlooks the fact that people have been making goods with privately owned tools for thousands of years, long before the emergence of capitalism. Under capitalism, therefore, the ownership of the means of production is not simply private; it is also exclusionary and forms the basis for SOCIAL CLASS and exploitation in the interests of profit and the accumulation of still more means of production." Source and further information: "The Blackwell Dictionary of Sociology By Allan G. Johnson" http://books.google.com/books?id=V1kiW7x6J1MC&pg=PA32&lpg=PA32&dq="the+ownership+of+the+means+of+production+is"+capitalism&source=web&ots=Yh7OJ3upT3&sig=UgKpRv8_uicKGv2Td0C_-yChtOI&hl=en&sa=X&oi=book_result&resnum=1&ct=result#PPA32,M1

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