Barry Welsh

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The determining characteristics of what they mean by socialist society are that it is classless, fully democratic, and international. By “classless” is meant that in socialist society no person or group of persons has, directly or indirectly, any property rights in the instruments of production different from those possessed by every other person and group; it amounts to the same thing to say that in socialist society there are no property rights in the instruments of production, since a property right has meaning only if it differentiates the status of those who have it from that of those who ...more
The Managerial Revolution: What is Happening in the World
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