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In most socialist theories, economic planning only applies to the factors of production and not to the allocation of goods and services produced for consumption, which would be distributed through a market. Karl Marx stated that "lower-stage communism" would consist of compensation based on the amount of labor one contributes to the social product.
In later editions of his Principles of Political Economy (1848), Mill posited that "as far as economic theory was concerned, there is nothing in principle in economic theory that precludes an economic order based on socialist policies" [56] [57] and promoted substituting capitalist businesses with worker cooperatives. [58]
"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 ...
The Nation is a tribe, but a tribe that has grown as a result of increased offspring, i.e., a nation is a large tribe. The World is a nation but a nation divided into many nations as a result of population growth, i.e., the world is a great nation." [25] "The tribe is the natural social protection of the individual, ensuring his social needs."
In Marxist theory, socialism refers to a specific stage of social and economic development that will displace capitalism, characterized by coordinated production, public or cooperative ownership of capital, diminishing class conflict and inequalities that spawn from such and the end of wage-labor with a method of compensation based on the ...
Socialist thinkers such as Karl Marx, Friedrich Engels, and Vladimir Lenin argue that economic class, rather than (or interrelated with) nationality, race, or culture, is the main force which divides people in society, and that nationalist ideology is a propaganda tool of a society's dominant economic class.
President Sabha Randhawa’s online statement doesn’t mention the group Social Revolution, which is planning the protest, but it refers to posters advertising the event that use the phrase ...
Arab socialism is defined as "a non-Marxist socialism adapted to the strong conservative Islamic roots of the Arab world". Arab socialism postulated the elimination of economic inequality and relied on economic planning and public ownership of the economy, and partly under Soviet influence, elements of the Soviet socialism.