Socialism

Socialism is the underlying motivation behind communist movements in history. Socialists believe that it is unjust for a small amount of people to own the biggest portion of the wealth in society. This idea lead to the concept of a communist society, in which the existence of private property is eliminated in favor of government-owned property being shared among all it’s people. The government would provide jobs and care for all people equally. The idea was that through communism, there would be no social classes, thus eliminating alienation for any of the people in the society.

“From each according to ability, to each according to his contribution”, is socialism’s slogan. Socialism is a social and economic system characterized by common ownership, democratic control, and production for use only. Common ownership means that the resources of the world are owned by everyone thus, nobody can take control of resources beyond their personal belongings. The concept of democratic control means that everybody in a society has the right to participate in the social decisions that affect them. Production under socialism is directly and entirely for use. For example, everyone receives their share of production based on how much they have contributed. After a percent of their share is deducted to go to the common good, workers receive their share of production. Examples of common good is transportation and education, but common good is also used to help those who cannot directly play a part in production like elderly people or children. Socialism works under the assumption that everyone is willing to

Three different types of economic systems used by governments are Communism, Capitalism, and Socialism. Each type of system is unique in different ways. Each has distinct aspects that make it what it is. In communism, the government runs everything and there are no social classes. The government in capitalism doesn’t interfere with any businesses and lets the citizens own and operate them. Socialism is basically a mixture of the two economic systems. The government runs certain businesses, but citizens run the rest. The three economic systems are different in the way they run things and regulate things.

Although socialism may have better benefits, capitalism has it perks as well. Such as producers and consumers being able to own their own business. The upside of this is that no one other than the government can take the business away from the owner. This results in more rights for the owner. An example of improved rights of the owner could include the owner making their own regulations, deciding wages for employees, choosing how to insure their business, etc. Now the big picture that this focuses greater upon is that it greatly promotes self-interest, rather than government control.

“Socialism is an ideal state, but it can never be achieved while man is so selfish”. Socialism is a selfless government system that spreads wealth in the place of greed. In a socialistic government the government regulates all means of production to prevent the overflow and insufficiency of goods. This would help reduce debt and balance financial growth. Introducing socialism into America would be beneficial for the american people by stabilizing economic growth, decrease the financial tension between countries, and allow the american people to gain success by spreading wealth.

Socialism is criticized for its lack of private property. A central power owns and distributes all goods, so individuals do not have any items to claim as their own. Therefore, individuals may lose or be deprived of certain goods simply if the state sees fit, and this total dependence creates criticism of a socialist rule.

If you were to define socialist, it means someone who supports the philosophy of socialism, in turn it means, a government system that advocates for community ownership as well as control of all lands and businesses rather than them having individual ownership.

Socialism can assist all people fairly instead of certain individuals rising above the majority. The government owns the means of production of manufacturing and goods, which makes the factories and other public properties stable as they would only fail if it the government failed. Also, socialism is what allows infrastructure, such as roads and public schools, to be built by the people for the benefit of all people, and the military, that protects all people in the country, is the same case.

Socialism was developed by Karl Marx in 1848. Socialists believe economic equality is bad for the society and the government is responsible for reducing it.Real socialism, by definition, is democratic. There are many different types of socialism, like democratic socialism, revolutionary socialism, utopian socialism, libertarian socialism, market socialism, eco-socialism, and Christian socialism. The former Soviet Union and Nazi Germany are historical examples of a socialist economy. And today's examples consist of Cuba, Venezuela, and China. Their main focus is on profit being distributed among society/workforce to complement individual

Socialism came from a huge variety of influences.The ideas of socialism came from a few men who believed in a utopia. They believed worker's conditions improve if production was controlled by the government. Socialism also believed in common ownership of something. There’s different types of socialism ideals. One is the state directed economy which either state or work cooperatives owns production but is directed by the government. The other is de-centralized economy of which the ownership of enterprises is accomplished forms of cooperative workers. Socialism and communism has the same ideals for their country. They both believed in a perfect or utopian society. The government owns everything including their people and production. Socialism believed an ideal government, controlling all means of production and their own people.

As mentions before socialism is the doctrine that espouses public ownership or control of a major means of production. It aims to achieve an equitable and efficient distribution of social goods and greater economic planning then exist under capitalism. Although the central concerns of socialism appears to be economic its ramifications extend to the moral, social and political realms, in fact together with nationalism, it is the leading ideological and political movement of the 20th century.

Socialism, according to Oxford Dictionaries, is a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole. Everything produced will be equally shared among the people. Buying, currency, and selling would be eliminated from a socialist society.

“Of the people, by the people, for the people,” in the words of Abraham Lincoln express how America is instituted on the philosophies of democracy, and has been for numerous years. America is not the oldest country that has acquired a democratic government, but it is the most successful. Although democracy has been effective in not only the United States, but in many other nations throughout the world, some facets of a socialist government could aid America in flourishing the economy. Many Americans disagree with providing healthcare for all citizens, the prosperous being taxed more than the needy, and the expenditures of tuition. The ideal socialist government could resolve these issues as well as others. Also citizens distress at the thought

Accordingly, one idea or fact that is often raised to differentiate socialism from communism is that socialism in general is the political movement that refers to an economic system in that they believe that the state should be in charge of all important producing industries thus taking hold of the control of free market in order to promote economic parity and egalitarianism. Theoretically, socialism seeks to distribute wealth equally among its citizens in a way that the rich don’t take

In seeking to highlight the key differences between socialism and capitalism, it would be prudent to first offer a concise definition of the two terms. Capitalism in the words of Brinkerhoff, White, Ortega, and Weitz (2007) "is the economic system in which most wealth (land, capital, and labor) is private property, to be used by its owners to maximize their own gain." As the authors in this case further point out, this particular economic system is largely founded on competition. Socialism on the other hand is defined as "an economic structure in which productive tools are owned and managed by the workers and used for the collective good" (Brinkerhoff et al., 2007). From the definitions, it is clear that unlike capitalism, socialism favors a situation whereby there is deliberate control as well as planning of economic activities on behalf of the entire community. In the case of capitalism, no attempt is made to have economic activities controlled from a central point on behalf of the community. Here, enterprises are allowed to compete in the supply of goods and services as they seek to rake in monetary returns. The key