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Although Switzerland remained neutral in the First World War, it did not avoid the spiralling economic crisis that accompanied it. The resulting social tension was unleashed in 1918 by the labour unions and the SP who organised the 1918 Swiss general strike. The goal of the strike was a fundamental reorganisation of society.
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]
Libertarian socialism strives for a free and equal society, [1] aiming to transform work and everyday life. [2] Broadly defined, libertarian socialism encapsulates any political ideology that favours workers' control of the means of production and the replacement of capitalism with a system of cooperative economics, [3] [4] or common ownership. [5]
Socialism portal The main article for this category is Socialism in Switzerland . Socialism is an economic system characterised by social ownership and control of the means of production and cooperative management of the economy, and a political philosophy advocating such a system.
The Economist Intelligence Unit rated Switzerland a "full democracy" in 2022. [6] [needs update] According to Freedom House, an American NGO, Switzerland is among the freest countries in the world, with a 2020 score of 39/40 on political rights and 57/60 on civil liberties (for a combined score of 96/100). [24]
As a term, socialism represents a broad range of theoretical and historical socioeconomic systems and has also been used by many political movements throughout history to describe themselves and their goals, generating a variety of socialism types. [8] Socialist economic systems can be further divided into market and non-market forms. [14]
Image source: Getty Images. Social Security's earnings test limits also rose in 2025. This year, seniors who work and collect benefits will be able to earn more money without risking having a ...
Though the term "market socialism" only emerged in the 1920s during the socialist calculation debate, [9] a number of pre-Marx socialists, including the Ricardian socialist economists and mutualist philosophers, conceived of socialism as a natural development of the market principles of classical economics, and proposed the creation of co ...