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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 ...
The term has also been used to mean any tax-funded programs, whether privately run or government run. The term socialism has been used to argue against economic interventionism, the Federal Deposit Insurance Corporation, Medicare, the New Deal, Social Security and universal single-payer health care, among others. [11] [12]
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 ...
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]
Giddens defines socialism as "the pursuit of ideas of social cooperation, universal welfare, and equality—ideas brought together by a condemnation of the evils and injustices of capitalism". For Giddens, socialism depends on a belief in "group action and participation" as well as "collective responsibility for social welfare". [229]
And how it's different from socialism and communism in other places around the world Socialism Was Once America's Political Taboo. Now, Democratic Socialism Is a Viable Platform.
Today, there is not a single successful socialist country on Earth, although, following the loosest interpretation, Bolivia could be considered the lone example.
The Socialist Party of America was also known at various times in its long history as the Socialist Party of the United States (as early as the 1910s) and Socialist Party USA (as early as 1935, most common in the 1960s), but the official party name remained Socialist Party of America. [37]