What is an example of a socialism?
Zambia’s healthcare is universal and, therefore, an example of socialism. Turkmenistan is a strong example of socialism with energy subsidized by the government, many housing subsidies and an economy that is largely state-run.
What does socialism mean in Kids terms?
Socialism is a way to organize a society. It deals mostly with the economy, or the part of a society that creates wealth. The goal of socialism is to spread wealth more evenly and to treat all people fairly. People have had different ideas about how to create a socialist society.
What is social socialism?
Socialism, meanwhile, is most often used in modern English to refer to a system of social organization in which private property and the distribution of income are subject to social control. (The term is also often used in the phrase democratic socialism, which is discussed here .)
What is a non-market socialist system?
A non-market socialist system seeks to eliminate the perceived inefficiencies, irrationalities, and unpredictability, and crises that socialists traditionally associate with capital accumulation and the profit system in capitalism.
Who coined the term socialism and when?
Initial use of the term Socialism was claimed by Pierre Leroux who alleged he first used the term in the Parisian journal Le Globe in 1832. Leroux was a follower of Henri de Saint-Simon, one of the founders of what would later be labelled utopian socialism.
Is socialism from above or from below better?
The idea of socialism from above is much more frequently discussed in elite circles than socialism from below—even if that is the Marxist ideal—because it is more practical. Draper viewed socialism from below as being the purer, more Marxist version of socialism.
What is the vocabulary for socialism?
socialist Add to list Share. A socialist is someone who supports a political or economic philosophy that says society as a whole, rather than private companies, should own or control various goods and services. The word socialist has become so politicized that it can be hard to define accurately.
What is socialism Webster?
Definition of socialism 1 : any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods. 2a : a system of society or group living in which there is no private property.