Some of the differences between capitalist and socialist ideas of private property were:

Capitalist Ideas:

• Capitalists believed in private property. They were the owners of those industries in which they have invested.
• They believed that profits made by industry should be enjoyed by owners only.
• They believed in class-based society.

Socialist Ideas:

• Socialists did not believe in private property. They thought that all properties and means of production should be socially controlled.
• They believed that profits made by industries should be divided among workers because profit is the end result of their hard work.
• They believed in classless society.