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In his Dictionary of Socialism (1924), Angelo S. Rappoport analysed forty definitions of socialism to conclude that common elements of socialism include general criticism of the social effects of private ownership and control of capital—as being the cause of poverty, low wages, unemployment, economic and social inequality and a lack of ...
Democratic socialism is defined as having a socialist economy in which the means of production are socially and collectively owned or controlled [3] ...
Libertarian socialism, sometimes called left-libertarianism, [221] [222] social anarchism [223] [224] and socialist libertarianism, [225] is a political philosophy within the socialist movement that reject the view of socialism as state ownership or command of the means of production [226] within a more general criticism of the state form ...
Libertarian socialism is an anti-authoritarian and anti-capitalist political current that emphasises self-governance and workers' self-management.It is contrasted from other forms of socialism by its rejection of state ownership and from other forms of libertarianism by its rejection of private property.
The socialist mode of production, also known as socialism or communism, [a] is a specific historical phase of economic development and its corresponding set of social relations that emerge from capitalism in the schema of historical materialism within Marxist theory.
Socialism was the word predominantly used by Marxists up until World War I and the Bolshevik Revolution, at which time Vladimir Lenin made the conscious decision to replace the term socialism with communism, renaming the Russian Social Democratic Labor Party to the All-Russian Communist Party. [124] [120]
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.
It is a world-economy and it is by definition capitalist in form. Socialism involves the creation of a new kind of world-system, neither a redistributive world-empire nor a capitalist world-economy but a socialist world-government. I don't see this projection as being in the least utopian but I also don't feel its institution is imminent.