What was socialist party position on big business in 1912?

In 1912, the Socialist Party of America opposed big business, viewing it as a primary force of economic inequality and exploitation. They argued that large corporations concentrated wealth and power in the hands of a few, undermining democracy and workers' rights. The party advocated for the social ownership of major industries and reforms to ensure that economic benefits were distributed more equitably among the population. This stance was part of their broader platform aimed at promoting social justice and improving conditions for the working class.