property Flashcards
What does socialism argue for?
Common ownership of property
This includes government-owned council housing and nationalised public industries.
According to Marx, what does property refer to?
Means of production, houses, and buildings
Why is an equal/classless society considered impossible in socialism?
Certain people are born into a wealth of property while others are not
What negative impacts does wealth division create in a socialist society?
Encourages materialism and negatively impacts human nature
What is the socialist view on wealth?
Wealth is a product of the collective, not individuals
In socialism, how should wealth be distributed?
Shared equally, not rewarding the few for the work of the many
What is a key belief of conservatives regarding property ownership?
The right of individuals to own property is fundamental to freedom
This belief emphasizes individual liberties and personal responsibility.
How does property ownership serve as an incentive for individuals?
It encourages hard work and striving for accumulation
The prospect of owning property motivates individuals to put effort into their work.
What is one way owning property contributes to personal security?
Ownership of a home or car provides reassurance
People often feel safer and more stable when they own property.
How does property ownership promote financial responsibility?
It encourages individuals to be socially responsible
Owning property often requires managing finances effectively.
What does a conservative believe about property ownership and self-expression?
It allows individuals to express themselves
Limiting property ownership could restrict personal freedom and individuality.
Fill in the blank: People who do not own property may become _______.
greedy and irresponsible
Without property ownership, individuals may lack a sense of duty and obligation.
What impact does property ownership have on an individual’s sense of responsibility?
It strengthens duties and obligations
Ownership is linked to a greater sense of personal responsibility.