A Theory of Socialism

A Theory of Socialism advocates for the collective ownership and democratic control of the means of production—such as factories and resources—rather than private ownership. The aim is to reduce inequality, ensure that wealth and resources are distributed more fairly, and provide basic needs like healthcare and education for all. Socialism seeks to empower communities and workers, promoting cooperation over competition. While it supports individual freedoms, it emphasizes societal welfare, contrasting with capitalism's focus on profit and individual wealth. Ultimately, socialism envisions a society where everyone contributes to and benefits from shared resources.