Socialism: Economy Flashcards

1
Q

Karl Marx

A

Collective ownership.

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2
Q

Rosa Luxemburg

A

Capitalism can only
be replaced by an
economy based on
workers’ control.

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3
Q

Beatrice Webb

A
Gradual replacement
of capitalism by
common ownership
of the means of
production.
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4
Q

Anthony

Crosland

A

A mixed economy.

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5
Q

Anthony

Giddens

A

A neo-liberal
economy to
provide for welfare
programmes.

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