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This is an accepted version of this page This is the latest accepted revision, reviewed on 21 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 ...
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.
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 ...
The idea of a socialist state stems from the broader notion of state socialism, the political perspective that the working class needs to use state power and government policy to establish a socialised economic system. The term can vary in its use from meaning a political system to adopting terms of a welfare state.
Conquest of the state by the proletariat is a prerequisite to establishing a socialist system. As socialism is built, the role and scope of the state changes. Class distinctions, based on ownership of the means of production, gradually deteriorate. The concentration of means of production increasingly falls into state hands.
To thoroughly comprehend the historical conditions and thus the very nature of this act, to impart to the now oppressed proletarian class a full knowledge of the conditions and of the meaning of the momentous act it is called upon to accomplish, this is the task of the theoretical expression of the proletarian movement, scientific Socialism.
"Socialism can be put into practice only by methods which most socialists disapprove." The "readiness to do bad things becomes a path to promotion and power." Under collectivism, "a man must be ...
This is the socialism of the labor, social-democratic, and socialist parties of Western Europe." [14] Economist and political theorist Kenneth Arrow argued: "We cannot be sure that the principles of democracy and socialism are compatible until we can observe a viable society following both principles. But there is no convincing evidence or ...