Quote: "Socialism is a political philosophy and movement encompassing a wide range of economic and social systems which are characterised by social ownership of the means of production, as opposed to private ownership."
Advocating for a planned economy, wealth redistribution, and public ownership of the means of production.
Marxism: A political and economic theory that advocates for the elimination of private property and the establishment of a classless society, with the means of production owned and controlled by the community as a whole.
Social Democracy: A political ideology that seeks to balance capitalism with social welfare programs and public services, in order to create a fair and just society for all.
Political Economy: The study of how political policies and economic structures intersect and impact one another.
Social Justice: The pursuit of equality and fairness in society, particularly with regard to marginalized or oppressed groups.
Labor Unions: Organizations that represent workers in collective bargaining with employers, advocate for better wages and working conditions, and provide support for workers facing discrimination or other challenges.
Democratic Socialism: A political ideology that seeks to utilize democratic processes to enact socialist policies, with the goal of creating a more equal and just society.
Economic Inequality: The unequal distribution of wealth and resources within a society, often resulting in social stratification and systemic poverty.
Feminism: A movement that advocates for gender equality and the dismantling of patriarchal structures in society.
Civil Liberties: The freedoms and protections granted to individuals by a government, including freedom of speech, assembly, and religion.
Environmentalism: A political and social movement that seeks to address and mitigate the impacts of climate change and environmental degradation, often through policies aimed at reducing carbon emissions and promoting sustainable practices.
Democratic socialism: This is a form of socialism that advocates for a socialist economy, but with a democratic political system. It supports collective ownership of the means of production, but through democratic processes rather than violently overthrowing the existing system.
Marxist socialism: Marxist socialism is a political ideology that advocates for the overthrow of capitalism and the establishment of a socialist society. It is based on the theories of Karl Marx and Friedrich Engels and is often associated with revolutionary socialist movements.
Anarchist socialism: Anarchist socialism is a political philosophy that seeks to abolish hierarchy and promote self-governance. It opposes authoritarianism, capitalism, and the state, instead advocating for a society based on voluntary cooperation and mutual aid.
Syndicalism: Syndicalism is a type of socialism that advocates for the organization of society around labor unions or syndicates. It envisions a society in which workers control the means of production and decision-making power is decentralized.
Eco-socialism: Eco-socialism is a political philosophy that seeks to address environmental issues through socialist principles. It advocates for collective ownership of natural resources, sustainable agriculture, and conservation.
Feminist socialism: Feminist socialism is a branch of socialism that incorporates feminist theory into its ideology. It advocates for the elimination of gender-based oppression and for the integration of women's rights and gender equality into socialist policies.
Quote: "Social ownership is the one common element, and is considered left-wing."
Quote: "Social ownership can be public, community, collective, cooperative, or employee."
Quote: "Different types of socialism vary based on the role of markets and planning in resource allocation, on the structure of management in organizations, and from below or from above approaches, with some socialists favouring a party, state, or technocratic-driven approach."
Quote (Non-market socialism): "Non-market socialism substitutes factor markets and often money with integrated economic planning and engineering or technical criteria based on calculation performed in-kind." Quote (Market socialism): "Market socialism retains the use of monetary prices, factor markets, and in some cases, the profit motive, with respect to the operation of socially owned enterprises and the allocation of capital goods between them."
Quote: "Anarchism and libertarian socialism oppose the use of the state as a means to establish socialism, favouring decentralisation above all, whether to establish non-market socialism or market socialism."
Quote: "Socialist parties and ideas remain a political force with varying degrees of power and influence on all continents, heading national governments in many countries around the world."
Quote: "Social democracy originated within the socialist movement, supporting economic and social interventions to promote social justice. While retaining socialism as a long-term goal, since the post-war period it came to embrace a mixed economy based on Keynesianism within a predominantly developed capitalist market economy and liberal democratic polity that expands state intervention to include income redistribution, regulation, and a welfare state."
Quote: "Economic democracy proposes a sort of market socialism, with more democratic control of companies, currencies, investments, and natural resources."
Quote: "The socialist political movement includes a set of political philosophies that originated in the revolutionary movements of the mid-to-late 18th century and out of concern for the social problems that socialists associated with capitalism."
Quote: "By the late 19th century, after the work of Karl Marx and his collaborator Friedrich Engels, socialism had come to signify anti-capitalism and advocacy for a post-capitalist system based on some form of social ownership of the means of production."
Quote: "By the early 1920s, communism and social democracy had become the two dominant political tendencies within the international socialist movement, with socialism itself becoming the most influential secular movement of the 20th century."
Quote: "While the emergence of the Soviet Union as the world's first nominally socialist state led to socialism's widespread association with the Soviet economic model, several scholars posit that in practice, the model functioned as a form of state capitalism."
Quote: "Several academics, political commentators, and scholars have noted that some Western countries, such as France, Sweden, and the United Kingdom, have been governed by socialist parties or have mixed economies sometimes referred to as 'democratic socialist'."
Quote: "Following the end of the Cold War and the revolutions of 1989, many of these countries have moved away from socialism as a neoliberal consensus replaced the social democratic consensus in the advanced capitalist world."
Quote: "Many former socialist politicians and political parties embraced 'Third Way' politics, remaining committed to equality and welfare while abandoning public ownership and class-based politics."
Quote: "Socialism experienced a resurgence in popularity in the 2010s, most prominently in the form of democratic socialism."
Quote: "Many socialists also adopted the causes of other social movements, such as feminism, environmentalism, and progressivism."
Quote: "A non-market socialist system seeks to eliminate the perceived inefficiencies, irrationalities, unpredictability, and crises that socialists traditionally associate with capital accumulation and the profit system in capitalism."
Quote: "Socialists disagree on whether government, particularly existing government, is the correct vehicle for change."