Socialism: Difference between revisions

Revision as of 04:52, 19 November 2020

Socialism is a political philosophy which spans many diverse positions and policies, most of which are characterized by economic systems of social ownership of the means of production, which stands in opposition to the capitalist mode of production which has private ownership of the means of production. In Marxism, socialism is thought to be the lower stage of communism.

Socialism can be summarized by the motto "From each according to their capacity, to each according to their work."

Among the first successful experiments in the scientific development of socialist economics was the Soviet Union in the late 1920s, when the the means of production were brought under social ownership, namely the land and agricultural economy was brought under the ownership of the state; expropriated from private landowners called Kulaks.

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-Socialism (or the low phase of [[communism]]) is a mode of economic production based on the premise ''"From each according to their capacity, to each according to their work."'' The first experiment in the scientific development of socialist economics took place in the Soviet Union in the late 1920s, when the compulsory collectivization of the land from the kulaks took place.
+'''Socialism''' is a political philosophy which spans many diverse positions and policies, most of which are characterized by economic systems of social ownership of the means of production, which [[Anti-capitalism|stands in opposition]] to the capitalist mode of production which has [[Private property|private ownership]] of the means of production. In [[Marxism]], socialism is thought to be the lower stage of [[communism]].
+Socialism can be summarized by the motto ''"From each according to their capacity, to each according to their work."''
+Among the first successful experiments in the scientific development of socialist economics was the [[Soviet Union]] in the late 1920s, when the the means of production were brought under social ownership, namely the land and agricultural economy was brought under the ownership of the state; expropriated from private landowners called Kulaks.
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