What is the ultimate goal of socialist in the economy?

The ultimate goal of socialists in the economy is to achieve a more equitable distribution of wealth and resources, reducing or eliminating the disparities created by capitalist systems. They advocate for collective or state ownership of the means of production, aiming to ensure that economic benefits serve the common good rather than individual profit. This often involves implementing policies that promote social welfare, workers' rights, and democratic control over economic decision-making. Ultimately, socialists seek to create a society where everyone has access to essential goods and services, fostering greater social justice and economic stability.