What private property does is connect effort to reward, creating an incentive for people to produce more. Then, if there's a free market, people will trade their surpluses to each other for the things they lack. Mutual exchange for mutual benefit makes the community richer.
John StosselRelated topics
benefit connect effort free lack market produce property reward trade thingsRelated quotes
Community of women is a condition which belongs entirely to bourgeois society and which today finds its complete expression in prostitution. But prostitution is based on private property and falls with it. Thus, communist society, instead of introducing community of women, in fact abolishes it.
Friedrich Engels
When all capital, all production, all exchange have been brought together in the hands of the nation, private property will disappear of its own accord, money will become superfluous, and production will so expand and man so change that society will be able to slough off whatever of its old economic habits may remain.
Friedrich Engels