The term Socialism or Socialist can refer to several related things:
- An ideology or a group of ideologies.
- An economic system.
- A social structure.
- A state that exists or has existed.
- In Marxist theory, the society that would succeed capitalism
- and in some cases it will develop further into communism.
The word dates back at least to the early nineteenth century. It has been used differently in different times and places, both by various individuals and groups that consider themselves socialist and by their opponents. While there is wide variation between socialist groups, nearly all would agree that socialism entails an economic system based on public ownership of the means of production that would serve the broad populace rather than a favored few, and a social environment defined by either equality of opportunity in the form of meritocracy or egalitarianism, or equality of condition.
For more information, see Socialism.
Socialism is included in JEL classification codes: JEL:P2 |
Wikimedia Commons has media related to:
This page uses content from the English language Wikipedia. The original content was at Category:Socialism. The list of authors can be seen in the page history. As with this Familypedia wiki, the content of Wikipedia is available under the Creative Commons License. |
Trending pages
-
Chiacchio (surname) (.it) -
Thomas Martin Einstein (1955) -
Alvin Azell Ragland (1929-2011) -
List of cities, villages, and townships in Michigan -
Iroquois kinship
All items (8)