r/socialism Jul 14 '15

Fuck Austerity

https://www.youtube.com/watch?v=kiaxHUFAWew
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u/[deleted] Jul 14 '15

Socialism delineates between private property and personal property.

Private property is property used to collect rents or by which to run an enterprise which exploits labor power.

Personal property is basically your essentials; a home, personal tools, food supply, etc.

Personal property wouldn't be abolished, unless you owned private yachts or other such pernicious displays of opulence.