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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.
Conquest of the state by the proletariat is a prerequisite to establishing a socialist system. As socialism is built, the role and scope of the state changes. Class distinctions, based on ownership of the means of production, gradually deteriorate. The concentration of means of production increasingly falls into state hands.
Democratic socialism is a broad political movement that seeks to propagate the ideals of socialism within the context of a democratic system, as was done by Western social democrats, who popularized democratic socialism as a label to criticize the perceived authoritarian or non-democratic socialist development in the East, during the 19th and ...
Less than two weeks after the Titanic passenger ship disaster of 1912, Berger introduced a bill in Congress providing for the nationalization of radio-wireless systems. A practical socialist, Berger argued that the wireless chaos which occurred during the Titanic disaster had demonstrated the need for a government-owned wireless system. [58]
This is an accepted version of this page This is the latest accepted revision, reviewed on 8 December 2024. Type of society and economic system This article is about the hypothetical stage of socioeconomic development. For the economic systems of the former Soviet and Eastern Bloc Communist states, see Soviet-type economic planning. For communistic society, see Intentional community. Part of a ...
Draper also compared social democracy and Stalinism as two forms of socialism from above, contraposed to his socialism from below as being the purer, more Marxist version of socialism. [183] As a political tradition, democratic socialism represents a broad anti-Stalinist leftist and, in many cases, anti-Leninist strand within the socialist ...
The transformation from socialism to capitalism involved a political shift: from a people's democracy (see People's Republic and Communist state) with a constitutionally entrenched "leading role" for the communist and workers' parties in society to a liberal representative democracy with a separation of legislative, executive and judicial ...
In the Marxist theory of historical materialism, a mode of production (German: Produktionsweise, "the way of producing") is a specific combination of the: . Productive forces: these include human labour power and means of production (tools, machinery, factory buildings, infrastructure, technical knowledge, raw materials, plants, animals, exploitable land).