Socialism is a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.

In Marxist theory, it is described as the stage following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles.

Socialists mainly share the belief that capitalism unfairly concentrates power and wealth among a small segment of society that controls capital, creates an unequal society, and does not provide equal opportunities for everyone in society. Therefore socialists advocate the creation of a society in which wealth and power are distributed more evenly based on the amount of work expended in production, although there is considerable disagreement among socialists over how and to what extent this could be achieved.

This is the moment when we must build on the wealth that open markets have created, and share its benefits more equitably. Trade has been a cornerstone of our growth and global development. But we will not be able to sustain this growth if it favors the few, and not the many. – Barack Obama

Social democracy is a political ideology of the left or centre-left that emerged in the late 19th century from the socialist movement and continues to exert influence worldwide. Social democrats propose selective nationalization of key national industries and also promote tax-funded welfare programs and the regulation of markets.

In the early 20th century, however, a number of socialist and labor parties rejected revolution and other traditional teachings of Marxism and went on to take more moderate positions, which came to characterize modern social democracy. These positions often include support for a democratic welfare state which incorporates elements of both socialism and capitalism, sometimes termed the mixed economy. This differs from traditional socialism, which aims to end capitalism altogether.

Social democrats aim to reform capitalism democratically through state regulation and the creation of programs that work to counteract or remove the social injustice and inefficiencies they see as inherent in capitalism.

In many countries, social democrats continue to exist alongside democratic socialists, who stand to the left of them on the political spectrum.


3 Responses to “Got Socialism?”

  1. Gene Says:

    Yet 51% of the voting population ignores the obvious socialist writings and statments made by Obama? Well most of them hope rather than read.

  2. Ben Says:

    My disgust is not so much with Obama, although there is plenty to be disgusted over, as it is with the voting public.

    In the days leading to the election, my information on Obama led me to believe he is a socialist. His policies support that belief. His statements support that belief. So many others brighter than I also arrived at this conclusion.

    While I am not the brightest hammer in the box of crayons, (?) I began to question how 53% of Americans could have reasoned that this man was right for America, given America’s origin and values.

    I soon realized 53% of Americans either did not carefully examine the background of this man which are so important to formulating his current beliefs and values which leads to his socialist philosophies or those Americans believe as he does. Based upon the pols it appears they believe they have done the right thing.

    This has left me to understand this country, or at least that 53% of it, are not holding onto the values you or I may hold to.


    Simple. 40 plus years of subversion.

  3. Xavier Thur Says:

    Sure do disagree with your post, I just don’t believe all the facts are precise. I do have fun reading it, I will check back!

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