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When socialists talk about abolishing capitalism, they are not just referring to consumer activities like going to the store or grabbing your morning coffee. They are targeting the entire structure of society—our way of life, culture, and the American Dream itself.
For socialists, capitalism is more than an economic system. It is a social and cultural system. So when they say they want to dismantle it, they are not merely referring to seizing control of factories or toppling corporations like Amazon or Google. It goes beyond curbing crony capitalism or ending corruption. Their goal is to upend the foundations of daily life as it exists today.
Central to this vision is the abolition of private property. Karl Marx made this clear in The Communist Manifesto with his statement: "The theory of communism may be summed up in a single sentence: Abolition of private property."
The concept of private property, as they define it, goes well beyond material possessions. Here's all the things I've heard them classify as private property in the trainings I've watched and attended.
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