Socialism: Difference between revisions

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[[Category:Social theories]]
[[Category:Social theories]]
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== Socialism ==
<gallery>
File:Ehrerbietige_Vorstellung_und_Einladung_an_meine_lieben_Mitmenschen.pdf|Ehrerbietige Vorstellung und Einladung an meine lieben Mitmenschen
File:New_Harmony,_Indiana,_por_F._Bates.jpg|New Harmony, Indiana, por F. Bates
File:Monument_people's_heroes_2.jpg|Monument to the People's Heroes
File:Austin,_TX_Demonstrations_on_31_May_-_49985139338.png|Austin, TX Demonstrations on 31 May
File:25th_April_2014_Socialist_Youth_(14033740552).jpg|25th April 2014 Socialist Youth
File:Roe_v_Wade_OVERTURNED_Protest_to_defend_US_Abortion_Rights_(Melb)_(52187111322).jpg|Roe v Wade OVERTURNED Protest to defend US Abortion Rights (Melb)
File:Claude_Henri_de_Saint-Simon.jpg|Claude Henri de Saint-Simon
File:Karl_Marx_001.jpg|Karl Marx
File:Libro_Los_Viejos_Abuelos_Foto_68.png|Libro Los Viejos Abuelos Foto 68
File:Albert_Einstein_Head.jpg|Albert Einstein
File:Lev_Trotsky_1906-3.3_V1.jpg|Lev Trotsky
File:CyberSyn-render-106.png|CyberSyn render
</gallery>

Latest revision as of 21:41, 23 February 2025

Socialism is a political philosophy and economic system that promotes social ownership and democratic control of the means of production. It includes the political theories and movements associated with such systems. Social ownership can be public, collective, or cooperative ownership, or citizen ownership of equity. There are many varieties of socialism and there is no single definition encapsulating all of them, with social ownership being the common element shared by its various forms.

History[edit]

The origins of socialism as a political movement lie in the Industrial Revolution. Its intellectual roots, however, reach back even further into history. Socialists have been active in the promotion of workers' rights since the Industrial Revolution.

Theory[edit]

Socialist systems are divided into non-market and market forms. Non-market socialism involves the substitution of factor markets and money with engineering and technical criteria based on calculation performed in-kind, thereby producing an economic mechanism that functions according to different economic laws from those of capitalism. Market socialism, on the other hand, involves the use of monetary prices, factor markets and in some cases the profit motive, with respect to the operation of socially owned enterprises and the allocation of capital goods between them.

Criticism[edit]

Critics of socialism have argued that it might lack incentives for workers due to the absence of a direct connection between personal financial gain and productivity, leading to inefficiencies.

See also[edit]

References[edit]

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External links[edit]

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Socialism[edit]