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Socialism is an economic and political philosophy encompassing diverse economic and social systems [1] characterised by social ownership of the means of production, [2] as opposed to private ownership. [3] [4] [5] It describes the economic, political, and social theories and movements associated with the implementation of such systems. [6]
The following outline is provided as an overview of and topical guide to socialism: 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. [11]
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 ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 3 January 2025. Economic and sociopolitical worldview For the political ideology commonly associated with states governed by communist parties, see Marxism–Leninism. Karl Marx, after whom Marxism is named Part of a series on Marxism Theoretical works Economic and Philosophic Manuscripts of 1844 The ...
The most notable thinker belonging to this school of thought was the Viennese philosopher and economist Otto Neurath, whose conception of socialism as a natural, non-monetary economic system became widespread within the socialist movement following the end of World War I. Neurath's position was held in contrast to other socialists in this ...
Scientific socialism is a term which was coined in 1840 by Pierre-Joseph Proudhon in his book What is Property? [ 1 ] to mean a society ruled by a scientific government, i.e., one whose sovereignty rests upon reason , rather than sheer will: [ 2 ]
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While the use of the term socialism was initially adopted to describe the philosophy of the Saint-Simonians, which advocated the socialized ownership of the means of production, the term was quickly appropriated by working class movements in the 1840s, and in the 19th century the term socialism came to encompass a wide and diverse range of ...