Socialism, as an organizing principle for a national economy, is in large part the product of the ideas of:

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Socialism is largely the product of the ideas of Karl Marx, who believed in the collective ownership of the means of production and the abolition of private property. Adam Smith, David Ricardo, and Thomas Malthus were influential in the development of classical liberalism and the idea of free markets, which are the antithesis of socialism.

Socialism, as an Organizing Principle for a National Economy, Is