Socialism is a range of economic and social systems characterised by social ownership of the means of production. Socialist systems are divided into non-market and market forms. The socialist political movement includes a set of political philosophies that originated in the revolutionary movements of the mid-to-late 18th century.
About Socialism in brief
Socialism is a range of economic and social systems characterised by social ownership of the means of production and workers’ self-management of enterprises. Social ownership can be public, collective, cooperative, or of equity. Socialist systems are divided into non-market and market forms. The socialist political movement includes a set of political philosophies that originated in the revolutionary movements of the mid-to-late 18th century. By the late 19th century, after the work of Karl Marx and his collaborator Friedrich Engels, socialism had come to signify opposition to capitalism. Socialist politics has been both internationalist and nationalist in orientation; organised through political parties and opposed to party politics. Since the post-war period it has come to embrace a Keynesian mixed economy within a predominantly developed capitalist market economy and liberal democratic polity that expands state intervention to include income redistribution, regulation and a welfare state. Today, many socialists have also adopted the causes of other social movements such as environmentalism, feminism and progressivism. For Andrew Vincent, the word’socialism’ finds its root in the Latin sociare, which means to combine or to share. For Robert Owen, socialists presented an alternative to liberal individualism based on the shared ownership of resources. For Henri de Saint-Simon, socialists condemned individualism for failing to address social concerns during the Industrial Revolution including poverty, oppression and vast wealth inequality.
They viewed society as harming community life by basing society on basing it on individual basing on the idea that people are worth the act of acting as if they are in isolation from one another. For John Maynard Keynes, the term socialism was used to refer to the idea of what the founders of what would later be labelled socialism called the utopian doctrine of individualism that emphasized the moral worth of the individual. For others, it was a term used to describe the concept of shared responsibility for the affairs of society, such as in the case of the Soviet Union, where the state was seen as the ultimate arbiter of society’s well-being and social justice. For the rest of us, it is a term that refers to the social and economic organisation of society based on scientific planning and the application of scientific organisation to society. For more information on the history of socialism, visit: http://www.socialism.org.uk/socialism/history-of-the-socialist-movement-and-philosophy-by-johannes-willem-bourgeois.html/. For more on the philosophy of individualist individualism, visit www.socialist.org/individualism/individualist-dismissal.html. for more information about individualism and individualism. for example, see: www.souvenir-simon.com/socialist/individual-ism/socialists/individuals-disease-dilemma. for. the. debate about the role of individuals in society. for the debate about individual responsibility in society and the moral value of society.
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This page is based on the article Socialism published in Wikipedia (as of Dec. 06, 2020) and was automatically summarized using artificial intelligence.
