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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 ...
Social ownership can be public, collective or cooperative ownership, or citizen ownership of equity. [12] Socialism has numerous variants and so no single definition encapsulating all of them exists, [ 13 ] with its definition subject to ongoing academic scrutiny and redefining, [ 14 ] although social ownership acts as a common element shared ...
Democratic socialism is a broad political movement that seeks to propagate the ideals of socialism within the context of a democratic system, as was done by Western social democrats, who popularized democratic socialism as a label to criticize the perceived authoritarian or non-democratic socialist development in the East, during the 19th and ...
Socialist Party is the name of many different political parties around the world. All of these parties claim to uphold some form of socialism , though they may have very different interpretations of what "socialism" means.
The WSM do stand in elections on occasion as they believe that sending delegates to parliament is a useful tool within the socialist revolution as an additional measure along with a bottom-up reorganisation of society on the basis of socialism.
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.
Social democratic is used for centre-left political parties, [104] "whose aim is the gradual amelioration of poverty and exploitation within a liberal capitalist society." [105] On the other hand, democratic socialist is used for left-wing socialist parties, including left-wing populist parties such as The Left, Podemos and Syriza. [106]
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 ...