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According to Andrew Vincent, "[t]he word 'socialism' finds its root in the Latin sociare, which means to combine or to share. The related, more technical term in Roman and then medieval law was societas. This latter word could mean companionship and fellowship as well as the more legalistic idea of a consensual contract between freemen".
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]
Several socialist (or socialist-leaning) leaders have followed Allende's example in winning election to office in Latin American countries." [ 183 ] Venezuelan President Hugo Chávez , Nicaraguan President Daniel Ortega , Bolivian President Evo Morales and Ecuadorian President Rafael Correa refer to their political programmes as socialist and ...
While the Third Way has been described as a new social democracy [73] or neo-social democracy, [74] standing for a modernised social democracy [75] and competitive socialism, [76] the form of social democracy that remained committed to the gradual abolition of capitalism and social democrats opposed to the Third Way merged into democratic ...
While the term libertarian had been substantially synonymous with anarchism and seen by many as part of the left, [15] [84] continuing today as part of the libertarian left in opposition to the moderate left such as social democracy or authoritarian and statist socialism, its meaning has evolved during the past half century, with broader ...
A democracy is a political system, or a system of decision-making within an institution, organization, or state, in which members have a share of power. [2] Modern democracies are characterized by two capabilities of their citizens that differentiate them fundamentally from earlier forms of government: to intervene in society and have their sovereign (e.g., their representatives) held ...
20th-century transitions to liberal democracy have come in successive "waves of democracy", variously resulting from wars, revolutions, decolonisation, and religious and economic circumstances. [11] Global waves of "democratic regression" reversing democratization, have also occurred in the 1920s and 30s, in the 1960s and 1970s, and in the 2010s.
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