What will be the consequences of the final abolition of private property?
A. Society will take all the productive forces and means of commerce, as well as the exchange and distribution of products, out of the hands of private capitalists and will administer them in accordance with a plan based on the available resources and on the needs of the whole society. In this way, most important of all, the evil consequences which are now associated with the conduct of large-scale industry will be abolished. There will be no more crises; the expanded production, which for the present order of society is over-production and hence a prevailing cause of misery, will then be insufficient and in need of being expanded much further. Instead of generating misery, over-production will reach beyond the elementary requirements of society to as sure the satisfaction of the needs of all; it will create new needs and at the same time the means of satisfying them. It will become the condition and the stimulus to new progress, it will achieve this progress without invariably, as her
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