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
The Communist Manifesto a new title—"The Voice of Communism: Declaration of the Communist Party". In June–November 1850 the "Manifesto of the Communist Party" was published in English for the first time when George Julian Harney serialised Helen Macfarlane's translation in his Chartist magazine "The Red Republican". (Her version begins, "A frightful hobgoblin stalks throughout Europe. We are haunted by a ghost, the ghost of Communism.") For her translation, the Lancashire-based Macfarlane probably consulted Engels, who had abandoned his own English translation half way. Harney's introduction revealed the "Manifesto"s hitherto-anonymous authors' identities for the first time. Soon after the "Manifesto" was published, Paris erupted