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  1. Jun 26, 2024 · socialism, social and economic doctrine that calls for public rather than private ownership or control of property and natural resources. According to the socialist view, individuals do not live or work in isolation but live in cooperation with one another.

  2. Aug 26, 2021 · Socialism is considered to be the antithesis of capitalism. Learn more about this political ideology that strives to eliminate income inequality.

  3. en.wikipedia.org › wiki › SocialismSocialism - Wikipedia

    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 ...

  4. Oct 10, 2019 · Socialism describes any political or economic theory that says the community, rather than individuals, should own and manage property and natural resources. The term “socialism” has been ...

  5. Socialist ideology asserts the moral and economic superiority of an economy with these features, especially as compared with capitalism. More specifically, socialists typically argue that capitalism undermines democracy, facilitates exploitation, distributes opportunities and resources unfairly, and vitiates community, stunting self-realization ...

  6. Jul 15, 2019 · Socialism. Socialism is a rich tradition of political thought and practice, the history of which contains a vast number of views and theories, often differing in many of their conceptual, empirical, and normative commitments.

  7. Dec 18, 2023 · Socialism is a populist economic and political system based on collective, common, or public ownership of the means of production. Those means of production include the machinery,...

  8. Socialism is, broadly speaking, a political and economic system in which property and the means of production are owned in common, typically controlled by the state or government. Socialism is based on the idea that common or public ownership of resources and means of production leads to a more equal society.

  9. Eugene V. Debs. socialism, System of social organization in which private property and the distribution of income are subject to social control; also, the political movements aimed at putting that system into practice.

  10. Jul 1, 2024 · Democratic socialism, political ideology that supports the establishment of a democratically run and decentralized form of socialist economy. Modern democratic socialists vary widely in their views of how a proper socialist economy should function, but all share the goal of abolishing capitalism.

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