Private Property
The Marxist concept of private property gives the basis for Marx's theory. "Private property" in the terminology of Marx's time, for Marx himself, and for Marxists sometimes today, does not mean the simple possessions of a person, but the ownership of productive property or property which produces a profit for the owner, such as corporate ownership, share ownership, land ownership, and - in the case of slave society - slave ownership (since slaves work the land, mines and other means of producing the material means of existence).
Read more about this topic: Marx's Theory Of History
Famous quotes containing the words private and/or property:
“Like those before it, this decade takes on the marketable subtleties of a private phenomenon: parenthood. Mothers are being teased out of the home and into the agora for a public trial. Are we doing it right? Do we have the right touch? The right toys? The right lights? Is our child going to grow up tall, thin and bright? Something private, and precious, has become public, vulgarized—and scored by impersonal judges.”
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“When a strong man, fully armed, guards his castle, his property is safe. But when one stronger than he attacks him and overpowers him, he takes away his armor in which he trusted and divides his plunder.”
—Bible: New Testament, Luke 11:21.22.