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2. Socialism (a) Collective ownership (i) People and 'pure' social property (ii) the means of production (land, factories, machines) (b) Planned economy (i) 'Results' oriented

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2. Socialism (a) Collective ownership (i) People and 'pure' social property (ii) "the means of production" (land, factories, machines) (b) Planned economy (i) 'Results' oriented (ii) Government planning, relative to needs (ini) Competition? (c) Allocation according to need (i) Methods of allocation (ii) Limits of acquisition (no rich people, no poor people)

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