What economic system did Bellamy purpose?

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1119970

2026-08-15 03:50

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Edward Bellamy proposed a socialist economic system in his novel "Looking Backward," where he envisioned a future society that eliminated class distinctions and private property. In this system, the government would own and manage all industries, distributing wealth and resources equitably among citizens. Bellamy's vision emphasized cooperation and the collective good, aiming to create a more just and efficient society. His ideas influenced the early American socialist movement and discussions around economic reform.

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