The Socialist Party is in favour of the common ownership of all the means of production and distribution: namely, the land, mines, mills, factories, and productive machinery, for the purpose of operating industry in the interest of the whole people. The Socialist Party proposes to establish economic democracy. The earliest known system of society, of which there exist examples today in certain spots of the earth. Men and women lived together in groups known as gens or clans. These were units of a larger group called the tribe. This type of organisation is built up on kinship or blood relationship. There was no private property, and hence no classes. The land was owned and shared in common.
State and municipal ownership of energy, transport, etc., are palliatives and meagre ones too. Those who talk about these as “socialism” in any sense at best confuse workers on what really constitutes socialism – namely, the social ownership and control of the means of production and distribution by the people and the ending of the profit system.