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economy the socialists consider just, and by what means they want to achieve this justice (we shall distinguish between the socialists' ultimate economic goal and the means they propose for achieving this goal).
The socialists point to the following defects of the current national economy: capitalists (factory owners and landowners), taking advantage of the need of hired laborers (the proletariat, which means people who sell their labor, their own working hands), try to pay them as little as possible for their labor and force them to work as much as possible. Even in all other walks of life, when a poor man has to argue with a rich one, the rich man oppresses the poor; it is not for nothing that it is said: "Do not fight the strong, do not sue the rich."
Capitalists often put a lot of work into setting up their factories and estates, and in such cases, it is fair for them to receive an income for their labor (much like an engineer or manager receives a salary for their work). However, it is not rare for a capitalist's income to be excessively large and obtained not thanks to his skill in organizing the business, but because he squeezes the life out of his workers. Such income is called unearned income. It is even worse when a capitalist, without working at all and indulging in idleness, receives huge incomes by turning the business entirely over to the hands of engineers and managers, or by lending money at high interest, or by buying interest-bearing securities. Such income is obtained entirely without labor.
All this should not be; that is what the socialists think, and that is what the Party of People's Freedom thinks as well.
By what means can one destroy unearned income and the capitalists' violence over poor people? The socialists believe that there is only one sure remedy for this: to take capital away from private individuals, to take away their