Open main menu

Socialism portal

Red flag II.svg
Socialism is a range of economic and social systems characterised by social ownership of the means of production and workers' self-management, as well as the political theories and movements associated with them. Social ownership can be public, collective or cooperative ownership, or citizen ownership of equity. There are many varieties of socialism and there is no single definition encapsulating all of them, with social ownership being the common element shared by its various forms.


Socialist systems are divided into non-market and market forms. Non-market socialism involves the substitution of factor markets and money with engineering and technical criteria based on calculation performed in-kind, thereby producing an economic mechanism that functions according to different economic laws from those of capitalism. Non-market socialism aims to circumvent the inefficiencies and crises traditionally associated with capital accumulation and the profit system. By contrast, 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. Profits generated by these firms would be controlled directly by the workforce of each firm, or accrue to society at large in the form of a social dividend. The socialist calculation debate concerns the feasibility and methods of resource allocation for a socialist system.

Socialist politics has been both internationalist and nationalist in orientation; organised through political parties and opposed to party politics; at times overlapping with trade unions, and at other times independent and critical of unions; and present in both industrialised and developing nations. Originating within the socialist movement, social democracy has embraced a mixed economy with a market that includes substantial state intervention in the form of income redistribution, regulation, and a welfare state. Economic democracy proposes a sort of market socialism where there is more decentralised control of companies, currencies, investments, and natural resources.


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 were associated with capitalism. By the late 19th century, after the work of Karl Marx and his collaborator Friedrich Engels, socialism had come to signify opposition to capitalism and advocacy for a post-capitalist system based on some form of social ownership of the means of production. By the 1920s, social democracy and communism had become the two dominant political tendencies within the international socialist movement. By this time, socialism emerged as "the most influential secular movement of the twentieth century, worldwide. It is a political ideology (or world view), a wide and divided political movement" and 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, some economists and intellectuals argued that in practice the model functioned as a form of state capitalism or a non-planned administrative or command economy. 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. Today, some socialists have also adopted the causes of other social movements, such as environmentalism, feminism and progressivism.

Selected article

Sunflower symbol
Eco-socialism or Green socialism is an ideology merging aspects of Marxism, socialism, Green politics, ecology and the anti-globalization movement. Eco-socialists generally believe that the expansion of the capitalist system is the cause of social exclusion, poverty and environmental degradation through globalization and imperialism, under the supervision of repressive states and transstatal structures; they advocate the non-violent dismantling of capitalism and the state, focusing on collective ownership of the means of production by freely associated producers and restoration of the Commons.


Selected biography

Karl Liebknecht
Karl Liebknecht (German: [ˈliːpknɛçt] 13 August 1871 – 15 January 1919) was a German socialist and a co-founder with Rosa Luxemburg of the Spartacist League and the Communist Party of Germany. He is best known for his opposition to World War I in the Reichstag and his role in the Spartacist uprising of 1919. The uprising was crushed by the social democrat government and the Freikorps (paramilitary units formed of World War I veterans). Liebknecht and Luxemburg were killed.

After their deaths, Karl Liebknecht and Rosa Luxemburg became martyrs for Socialists. According to the Federal Office for the Protection of the Constitution, commemoration of Liebknecht and Luxemburg continues to play an important role among the German far left.


Selected quotation


Selected images

Subcategories

Topics

Related portals

Associated Wikimedia

The following Wikimedia Foundation sister projects provide more on this subject:

Wikibooks
Books

Commons
Media

Wikinews 
News

Wikiquote 
Quotations

Wikisource 
Texts

Wikiversity
Learning resources

Wiktionary 
Definitions

Wikidata 
Database