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Socialism is an economic and political philosophy encompassing diverse economic and social systems [1] characterised by social ownership of the means of production, [2] as opposed to private ownership. [3] [4] [5] It describes the economic, political, and social theories and movements associated with the implementation of such systems. [6]
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.
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 ...
Critical of the economy and government of socialist states, left communists such as the Italian Amadeo Bordiga said that their socialism was a form of political opportunism which preserved rather than destroyed capitalism because of the claim that the exchange of commodities would occur under socialism; the use of popular front organisations by ...
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 ...
Scientific socialism in Marxism is the application of historical materialism to the development of ... [2] to mean a society ruled by a scientific government, ...
"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 ...
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.