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This is an accepted version of this page This is the latest accepted revision, reviewed on 28 January 2025. Political philosophy emphasising social ownership of production For other uses, see Socialism (disambiguation). Part of a series on Socialism History Outline Development French Revolution Revolutions of 1848 Socialist calculation debate Socialist economics Ideas Calculation in kind ...
Democratic socialism is a broad political movement that seeks to propagate the ideals of socialism within the context of a democratic system, as was done by Western social democrats, who popularized democratic socialism as a label to criticize the perceived authoritarian or non-democratic socialist development in the East, during the 19th and ...
Socialism – range of economic and social systems characterised by social ownership of the means of production and workers' self-management [10] as well as the political theories and movements associated with them.
Marx and Engels associated utopian socialism with communitarian socialism which similarly sees the establishment of small intentional communities as both a strategy for achieving and the final form of a socialist society. [7] Marx and Engels used the term scientific socialism to describe the type of socialism they saw themselves developing ...
In this book, Hayek aims to refute socialism by demonstrating that socialist theories are not only logically incorrect but that their premises are also incorrect. According to Hayek, civilizations grew because societal traditions placed importance on private property, leading to expansion, trade, and eventually the modern capitalist system, which he calls the extended order. [3]
The book then describes events and political attitudes prevalent in post-World War II America that pointed, according to Flynn, to a shift toward socialism. This shift was being steered by the very political leaders of the day who were decrying communism in Europe on the one hand and expanding the tax burden on the American people to fight the ...
Utopian socialism reached the national level fictionally in Edward Bellamy's 1888 novel Looking Backward, a utopian depiction of a socialist United States in the year 2000. The book sold millions of copies and became one of the best-selling American books of the nineteenth century. By one estimation, only Uncle Tom's Cabin surpassed it in sales ...
The Marxist view of socialism served as a point of reference during the socialist calculation debate. Marx himself did not use the term socialism to refer to this development. Instead, Marx called it a communist society that has not yet reached its higher-stage. [8] The term socialism was popularized during the Russian Revolution by Vladimir ...
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