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Buy custom Q. Why have Socialists supported collectivism and how have they sought to promote it?

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Topic: Philosophy
Number of pages / Number of words: 7 / 1806
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In England, a system of consumer cooperatives was developed in the 1840s and has flourished ever since. Retail businesses are effectively owned by the consumers under this system, who then have access to cheap goods. Social democrats have emphasised the state as an instrument through which wealth can be collectively owned and the economy planned...


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They propose that there should be the creation of a mixed economy of nationalised and privately owned industry. The nationalised sector was used to regulate economic activity throughout the economy. Therefore it is evident that Socialism in the modern age is one in which there has been a decline in collectivism as a part of the central belief system...


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