2. Abolition of Private Property as Economic Reform
Marx argued for collective ownership of the means of production to end exploitation. His focus was on factories, land, and industrial resources being controlled by workers. “The theory of Communists may be summed up in the single sentence: Abolition of private property,” Marx wrote, but context shows he meant productive property, not personal possessions. He envisioned a system where wealth wasn’t hoarded by a few capitalists but benefited society broadly.
