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
Journal of Social, Political, and Economic Studies Journal of Social, Political, and Economic Studies The Journal of Social, Political, and Economic Studies () is a quarterly journal published by Scott-Townsend Publishers, the publishing arm of the Council for Social and Economic Studies. It was founded in 1976 by anthropologist Roger Pearson, and was originally published by his Council for American Affairs, an American representative in the World Anti Communist League. It is now published by the Council for Social and Economic Studies, of which Pearson was the president as of 1982. It has been identified as one of two international journals which regularly publishes articles pertaining to