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“It is clear that if socialist ownership is dissolved and converted into private ownership, the means of production, having been privatized, will be concentrated, sooner or later, in the hands of privileged people, speculators and a handful of other exploiters, no matter what the method of privatization may be. It is not long since privatization was carried out in those countries in which socialism had collapsed, but millionaires have already appeared while the vast majority of the working people are suffering because of unemployment and poverty.” — Kim Jong Il

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It is clear that if socialist ownership is dissolved and converted into private ownership, the means of production, having been privatized, will be concentrated, sooner or later, in the hands of privileged people, speculators and a handful of other exploiters, no matter what the method of privatization may be. It is not long since privatization was carried out in those countries in which socialism had collapsed, but millionaires have already appeared while the vast majority of the working people are suffering because of unemployment and poverty.
— Kim Jong Il