 It advocates a worker-oriented system of production and organization in the workplace that in some aspects radically departs from neoclassical economics in favor of democratic cooperatives or common ownership of the means of production (socialism).They propose that this economic system be executed in a manner that attempts to maximize the liberty of individuals and minimize concentration of power or authority (libertarianism).Adherents propose achieving this through decentralization of political and economic power, usually involving the socialization of most large-scale private property and enterprise (while retaining respect for personal property).