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This is an accepted version of this page This is the latest accepted revision, reviewed on 11 December 2024. 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 ...
While socialism is commonly used to describe Marxism–Leninism and affiliated states and governments, there have also been several anarchist and socialist societies that followed democratic socialist principles, encompassing anti-authoritarian and democratic anti-capitalism. [146]
The socialist mode of production, also known as socialism or communism, [a] is a specific historical phase of economic development and its corresponding set of social relations that emerge from capitalism in the schema of historical materialism within Marxist theory.
"The Arab Republic of Egypt is a Socialist Democratic State based on the alliance of the working forces of the people." The 2007 Amendments removed the mentioned of Egypt as a socialist state from Article One. [78] [79] [80] Socialism was still mentioned in the preamble and other sections, but fully removed following the 2011 revolution. [81 ...
To each according to his contribution" is a principle of distribution considered to be one of the defining features of socialism. It refers to an arrangement whereby individual compensation is representative of one's contribution to the social product (total output of the economy) in terms of effort, labor and productivity. [1]
The core essence or principle in socialism is to shape society based on cooperation and welfare rather than on free market capitalist competition and “exploitation”. This is the textbook ...
Socialism is seen as the method to realize this recognition of liberty through political and economic autonomy and emancipation from the grip of pressing material necessity. [212] Principles that can be described as liberal socialist are based on the works of liberal, left-liberal, radical, socialist and anarchist economists and philosophers.
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 ...