Center for Economic and Social Justice powers and profits of land and productive assets became concentrated within a tiny elite of private owners. To remedy the abuses of concentrated capital ownership, Marx and Engels in "The Communist Manifesto" (1848) declared, “[T]he theory of the Communists may be summed up in the single sentence: the abolition of private property.” In contrast, Kelso turned the socialist's central assumption around by asserting that private property, far from being the problem, is essential for creating a truly just free market global economy. An economically just economy is one in which every citizen can be a capital owner without taking property
Communist Organisation in the British Isles Communist Organisation in the British Isles The Communist Organisation in the British Isles (COBI) was a Marxist-Leninist political party in Britain and Ireland. It was founded in 1974 by members of the British and Irish Communist Organisation (BICO) who disagreed with BICO's stance on workers' control, which the COBI described as reducing "the working class to a plastic object of bourgeois history" and "fundamentally anti-Marxist". The COBI, however, retained several of BICO's policies, including supporting the partition of Ireland, backing the UK joining the European Economic Community, and opposition to Trotskyism. The new group had already begun studying the work