re: #298 Salamantis

Thanks for the response.

But they still had private ownership of property, like land and factories, and the owners of these things privately profited from them.

But, residual benefit of assets is not the essence of private property. Control over the disposal of those assets is. A somewhat competent apparatchick in the Soviet Union had the de facto residual benefit of the assets he had control over, but he hardly could be considered to have been operating in a free market system. In both fascist and Nazi political systems, actual control over the means of production rested unremittingly in the hands of the state. That is the essence of socialist economies, is it not?