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For most Americans, the world beyond the US's border is nothing more than an irritating nuisance. Don't believe me? Read: http://ow.ly/D9fI5:31 PM Nov 17thfrom HootSuite
Marx: Owning land & capital serves only as mechanism for expropriating part of labor's (read slaves or indiginous peoples) rightful income.5:40 PM Nov 16thfrom HootSuite
Karl Marx: a socialist state must solidify class, reorganize property & production rights, and plan transition to a truly communist society.5:35 PM Nov 15thfrom HootSuite
Socialism: economy which nonlabor means of producation are owned by the state, which exercises control over resource allocation.5:10 AM Nov 15thfrom HootSuite
communism: stateless, classless economy. No private property. Everyone produces. Consumption according to individual needs.5:10 AM Nov 14thfrom HootSuite
Capitallism: factors of production (ie land, capital) are owned by individuals; basic allocation decisions made by market forces.5:10 AM Nov 13thfrom HootSuite