Search results
Results from the WOW.Com Content Network
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.
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 ...
There are many varieties of socialism and no single definition encapsulates all of them, [11] but social ownership is a common element shared by its various forms. [ 1 ] [ 12 ] [ 13 ] Socialists disagree about the degree to which social control or regulation of the economy is necessary, how far society should intervene, and whether government ...
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.
The scarcity problem, for example, requires answers to basic questions, such as what to produce, how to produce it and who gets what is produced. An economic system is a way of answering these basic questions and different economic systems answer them differently.
They share a common definition of socialism, and they refer to themselves as socialist states on the road to communism with a leading vanguard party structure, hence they are often called communist states. Meanwhile, the countries in the non-Marxist–Leninist category represent a wide variety of different interpretations of the term socialism ...
In these cases, the intended meaning of socialism can vary widely and sometimes the constitutional references to socialism are left over from a previous period in the country's history. In the case of many Middle Eastern states, the term socialism was often used in reference to an Arab socialist / nationalist philosophy adopted by specific ...