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Who should be in control of the industtal means of productio such as factories

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Isaac Martinez

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4y ago

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What is the question socialism attempts to answer?

The key question that Socialism seeks to answer is: Who should be in control of the industrial means of production, such as factories? Socialism seeks to answer this question by arguing that the population as whole, represented by committees, should own the means of production and not individual capitalists.


What is the key question of socialism attempts to answer'?

The key question that socialism attempts to answer is how to organize society and its economic resources to ensure equitable distribution of wealth and power among all individuals. It seeks to address issues of inequality, exploitation, and social justice by advocating for collective ownership or regulation of the means of production. Socialism challenges the capitalist model, which prioritizes profit and individual ownership, by emphasizing the needs of the community and the importance of social welfare. Ultimately, it aims to create a more just and cooperative society.


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Who answers the three basic economic questions for market socialism?

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