shintao » 19 Jul 2014 12:41 am » wrote: well idiot it isn't free market *******, and neither is America dumb ****~~~
Socialism is a social and economic system characterised by
social ownership of the
means of production and co-operative management of the economy,
[
1][
2] as well as a political theory and movement that aims at the establishment of such a system.
[
3][
4] "Social ownership" may refer to
cooperative enterprises,
common ownership,
state ownership, citizen ownership of equity, or any combination of these.
[
5] There are many varieties of socialism and there is no single definition encapsulating all of them.
[
6] They differ in the type of social ownership they advocate, the degree to which they rely on
markets or
planning, how management is to be organised within productive institutions, and the role of the state in constructing socialism.
[
7]
A socialist economic system is based on the organisational precept of
production for use, meaning the production of goods and services to directly satisfy economic demand and human needs where objects are valued based on their
use-value or utility, as opposed to being structured upon the
accumulation of capital and production for profit.
[
8] In the traditional conception of a socialist economy, coordination, accounting and valuation would be performed
in kind (using physical quantities), by a common physical magnitude, or by a direct measure of labour-time in place of financial calculation.
[
9][
10] On distribution of output there have been two proposals, one which is based on the principle of
to each according to his contribution and another on the principle of
from each according to his ability, to each according to his need. The advisability, feasibility and exact methods of resource allocation and valuation are the subject of the
socialist calculation debate.
The socialist
political movement includes a diverse array of political philosophies. Core dichotomies within the socialist movement include the distinction between
reformism and
revolutionary socialism and between
state socialism and
libertarian socialism. State socialism calls for the
nationalisation of the means of production as a strategy for implementing socialism, while libertarian socialists generally place their hopes in
decentralized means of
direct democracy such as
libertarian municipalism, citizens' assemblies,
trade unions, and
workers' councils[
11] coming from a general
anti-authoritarian stance.
[
12][
13][
14][
15][
16][
17][
18] Democratic socialism highlights the central role of democratic processes and
political systems and is usually contrasted with non-democratic political movements that advocate socialism.
[
19] Some socialists have adopted the causes of other social movements, such as
environmentalism,
feminism and
liberalism.
[
20]
Modern socialism originated from an 18th-century intellectual and
working class political movement that criticised the effects of
industrialisation and
private property on society. The revival of
republicanism in the
American Revolution of 1776 and the
egalitarian values introduced by the
French Revolution of 1789 gave rise to socialism as a distinct political movement. In the early 19th century, "socialism" referred to any concern for the social problems of capitalism irrespective of the solutions to those problems. However, by the late 19th century, "socialism" had come to signify opposition to capitalism and advocacy for an alternative
post-capitalist system based on some form of social ownership.
[
21] During this time,
German philosopher Karl Marx and his collaborator
Friedrich Engels published works criticizing the
utopian aspects of contemporary socialist trends and applied a
materialist understanding of socialism as a
phase of development which will come about through
social revolution instigated by escalating and conflicting class relationships within capitalism.
[
22] Alongside this there appeared other tendencies such as
anarchism,
revolutionary syndicalism,
social-democracy,
Marxism–Leninism and
democratic socialism as well as the confluence of socialism with anti-imperialist and anti-racist struggles around the world. The socialist movement came to be the most influential worldwide movement and political-economic worldview of the 20th century.
[
23] Today,
socialist parties and ideas remain a political force with varying degrees of power and influence in all continents leading national governments in many countries.
http://en.wikipedia.org/wiki/Socialism
That help you *******?