Libertarian socialism - Wikipedia, the free encyclopedia: "A key difference between libertarian socialism and free-market libertarianism is that advocates of the former generally believe that one's degree of freedom is affected by one's economic and social status, whereas advocates of the latter focus on freedom of choice. This is sometimes characterized as a desire to maximize 'free creativity' in a society in preference to 'free enterprise.'[24]
Libertarian socialists believe if freedom is valued, then society must work towards a system in which individuals have the power to decide economic issues along with political issues. Libertarian socialists seek to replace unjustified authority with direct democracy, voluntary federation, and popular autonomy in all aspects of life,[25] including physical communities and economic enterprises.
Many libertarian socialists argue that large-scale voluntary associations should manage industrial manufacture, while workers retain rights to the individual products of their labor.[26] As such, they see a distinction between the concepts of 'private property' and 'personal possession'. Whereas 'private property' grants an individual exclusive control over a thing whether it is in use or not, and regardless of its productive capacity, 'possession' grants no rights to things that are not in use.[27]"
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