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Dictionary of the History of Ideas

Studies of Selected Pivotal Ideas
  
  

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5. Capitalism prepares the way for the new socialist
society by intensive development and centralization of
industry, concentration of capital, and rationalization
of the techniques of production. These are necessary
presuppositions of a socialized, planning society in
which the abolition of private ownership of the social
means of production, and its vestment in the commu-
nity as a whole, abolishes the economic class divisions
of the past.