democratic control over our workplaces and the other institutions that shape our communities is the key to ending exploitation.

That’s the socialist vision: abolishing private ownership of the things we all need and use—factories, banks, offices, natural resources, utilities, communication and transportation infrastructure—and replacing it with social ownership, thereby undercutting the power of elites to hoard wealth and power. And that’s also the ethical appeal of socialism: a world where people don’t try to control others for personal gain, but instead cooperate so that everyone can flourish.