Answer:
Socialists
were against private property and saw it as a root of all social evils. They
believed in the idea of cooperatives. In cooperatives people made associations and
produced goods together. The profits of the business were divided among all
members of the association.
However, different socialists had different views regarding how the
cooperatives were to be built.
Robert Owen, one of the founders of socialism, suggested
that cooperatives be built on individual initiative. Other socialists like Louis
Blanc wanted the government to encourage cooperatives and replace capitalist
enterprises.
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