Socialists believe there should not be businesses in the current sense. The land, factories, offices etc should belong to all the people in common.
Socialists and capitalists would both agree that capitalism is a necessary step in the challenge of societal development. Socialists, however, believe that socialism should be the next stage of development.
Pentecostals do not believe in the Economic Trinity.
Karl Marx believed capitalism would bring about economic and social collapse in Europe and America. Karl Marx was a proponent of the dictatorship of the proletariat. The collapse of capitalism would be the result of a workers' revolution. In his time, there were other socialists who believed that a peaceful transition from capitalism to socialism was the path to the future.
Communism
Socialists support collectivism since they believe that it is the only way to reach to the less privileged in the society. They believe that this is an excellent way of creating equality in the society.
the public controls the economy
True. Socialists often advocate for a social contract that aims to ensure the well-being and equality of all members of society through collective responsibility and solidarity. This can involve redistributive policies, universal access to social services, and protections for workers' rights.
That people needed no government
He didn't not believe in equality.
Actually, he did not believe in racial equality, but he did believe in emancipation of the slaves.
Socialists believed that all the country's wealth belongs to the people as a whole and not to private owners. Hope this helps! 8)
Socialists believe there should not be businesses in the current sense. The land, factories, offices etc should belong to all the people in common.
Socialists and Progressives
Socialists
the people as a group should own utilities
Equality in what? I don't believe there's proper equality in anything.