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Q.

A society where all property is socially controlled is called a ____society.


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Detailed Solution

A society where all property is socially controlled is called a communist society. According to Karl Marx, capitalism was the illness of society. Capitalism raised individuals who accumulated profits and owned the capital invested in factories. This was at the cost of the workers. The condition of workers was deteriorating in the capitalist society, and to break free from this capitalist exploitation, Marx asserted that the workers needed to construct a radically socialist society. According to Karl Marx, a communist society was the natural society of the future.
 
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