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Socialism is an economic and political philosophy encompassing diverse and : "Socialism may be defined as movements for social ownership and control of the economy. It is this idea that is the common element found in the many forms of socialism." characterised by of the means of production,

  • : "Socialism may be defined as movements for social ownership and control of the economy. It is this idea that is the common element found in the many forms of socialism."
  • : "What else does a socialist economic system involve? Those who favor socialism generally speak of social ownership, social control, or socialization of the means of production as the distinctive positive feature of a socialist economic system."
  • : "Just as private ownership defines capitalism, social ownership defines socialism. The essential characteristic of socialism in theory is that it destroys social hierarchies, and therefore leads to a politically and economically egalitarian society. Two closely related consequences follow. First, every individual is entitled to an equal ownership share that earns an aliquot part of the total social dividend ... Second, in order to eliminate social hierarchy in the workplace, enterprises are run by those employed, and not by the representatives of private or state capital. Thus, the well-known historical tendency of the divorce between ownership and management is brought to an end. The society — i.e. every individual equally — owns capital and those who work are entitled to manage their own economic affairs."
  • : "Socialism is an economic system characterised by state or collective ownership of the means of production, land, and capital.";
  • : "Socialist systems are those regimes based on the economic and political theory of socialism, which advocates public ownership and cooperative management of the means of production and allocation of resources."
  • : "Pure socialism is defined as a system wherein all of the means of production are owned and run by the government and/or cooperative, nonprofit groups."
  • : "This alteration in the relationship between economy and politics is evident in the very definition of a socialist economic system. The basic characteristic of such a system is generally reckoned to be the predominance of the social ownership of the means of production."
  • (2025). 9780198600244, Oxford University Press. .
    as opposed to private ownership.
    (2025). 9780198600244, Oxford University Press. .
    It describes the economic, political, and theories and movements associated with the implementation of such systems. Social ownership can take various forms, including , community, collective, ,
    (1988). 9780155124035, Harcourt College Pub. .
    (2025). 9780262182348, . .
    : "Socialist systems are those regimes based on the economic and political theory of socialism, which advocates public ownership and cooperative management of the means of production and allocation of resources." or employee.: "Just as private ownership defines capitalism, social ownership defines socialism. The essential characteristic of socialism in theory is that it destroys social hierarchies, and therefore leads to a politically and economically egalitarian society. Two closely related consequences follow. First, every individual is entitled to an equal ownership share that earns an aliquot part of the total social dividend ... Second, in order to eliminate social hierarchy in the workplace, enterprises are run by those employed, and not by the representatives of private or state capital. Thus, the well-known historical tendency of the divorce between ownership and management is brought to an end. The society — i.e. every individual equally — owns capital and those who work are entitled to manage their own economic affairs."
    (2025). 9780415241878, .
    As one of the main ideologies on the political spectrum, socialism is the standard ideology in most countries. Types of socialism vary based on the role of markets and planning in resource allocation, and the structure of management in organizations.
    (2025). 9780810855601, .

Socialist systems are divided into non-market and market forms.

(2025). 9781412916523, Sage Publications, Inc.
: "socialism would function without capitalist economic categories—such as money, prices, interest, profits and rent—and thus would function according to laws other than those described by current economic science. While some socialists recognised the need for money and prices at least during the transition from capitalism to socialism, socialists more commonly believed that the socialist economy would soon administratively mobilise the economy in physical units without the use of prices or money."; : "Especially before the 1930s, many socialists and anti-socialists implicitly accepted some form of the following for the incompatibility of state-owned industry and factor markets. A market transaction is an exchange of property titles between two independent transactors. Thus internal market exchanges cease when all of industry is brought into the ownership of a single entity, whether the state or some other organization, ... the discussion applies equally to any form of social or community ownership, where the owning entity is conceived as a single organization or administration."; : "Marxian socialism is often identified with the call to organize economic activity on a nonmarket basis."; : "More fundamentally, a socialist society must be one in which the economy is run on the principle of the direct satisfaction of human needs. ... Exchange-value, prices and so money are goals in themselves in a capitalist society or in any market. There is no necessary connection between the accumulation of capital or sums of money and human welfare. Under conditions of backwardness, the spur of money and the accumulation of wealth has led to a massive growth in industry and technology. ... It seems an odd argument to say that a capitalist will only be efficient in producing use-value of a good quality when trying to make more money than the next capitalist. It would seem easier to rely on the planning of use-values in a rational way, which because there is no duplication, would be produced more cheaply and be of a higher quality." A non-market socialist system seeks to eliminate the perceived inefficiencies, irrationalities, unpredictability, and that socialists traditionally associate with capital accumulation and the profit system.: "Under socialism, by definition, it (private property and factor markets) would be eliminated. There would then be something like 'scientific management', 'the science of socially organized production', but it would not be economics."; : "This understanding of socialism was held not just by revolutionary Marxist socialists but also by evolutionary socialists, Christian socialists, and even anarchists. At that time, there was also wide agreement about the basic institutions of the future socialist system: public ownership instead of private ownership of the means of production, economic planning instead of market forces, production for use instead of for profit."; : "Socialism has historically been committed to the improvement of people's material standards of living. Indeed, in earlier days many socialists saw the promotion of improving material living standards as the primary basis for socialism's claim to superiority over capitalism, for socialism was to overcome the irrationality and inefficiency seen as endemic to a capitalist system of economic organization."; : "Socialism is a system based upon de facto public or social ownership of the means of production, the abolition of a hierarchical division of labor in the enterprise, a consciously organized social division of labor. Under socialism, money, competitive pricing, and profit-loss accounting would be destroyed." retains the use of monetary prices, factor markets and sometimes the .
(2025). 9780415241878, .
(1995). 9780271014784, Pennsylvania State University Press.
As a political force, socialist parties and ideas exercise varying degrees of power and influence, heading national governments in several countries. Socialist politics have been internationalist and nationalist; organised through political parties and opposed to party politics; at times overlapping with and other times independent and critical of them, and present in industrialised and developing nations.: "In fact, socialism has been both centralist and local; organized from above and built from below; visionary and pragmatic; revolutionary and reformist; anti-state and statist; internationalist and nationalist; harnessed to political parties and shunning them; an outgrowth of trade unionism and independent of it; a feature of rich industrialized countries and poor peasant-based communities." originated within the socialist movement, supporting economic and social interventions to promote .
(2025). 9780415438209, .
(2025). 9780230367258, Palgrave Macmillan.
While retaining socialism as a long-term goal,: "The long term and the short term."; : "Over the long term, however, democratizing Sweden's political system was seen to be important not merely as a means but also as an end in itself. Achieving democracy was crucial not only because it would increase the power of the SAP in the Swedish political system but also because it was the form socialism would take once it arrived. Political, economic, and social equality went hand in hand, according to the SAP, and were all equally important characteristics of the future socialist society."; ; : "... Giorgio Napolitano launched a medium-term programme, 'which tended to justify the governmental deflationary policies, and asked for the understanding of the workers, since any economic recovery would be linked with the long-term goal of an advance towards democratic socialism'"; in the post-war period social democracy embraced a based on within a predominantly developed capitalist and liberal democratic polity that expands state intervention to include income redistribution, regulation, and a .: "Social democracy refers to a political tendency resting on three fundamental features: (1) democracy (e.g., equal rights to vote and form parties), (2) an economy partly regulated by the state (e.g., through Keynesianism), and (3) a welfare state offering social support to those in need (e.g., equal rights to education, health service, employment and pensions)."
(2025). 9781933567013, Institute for Economic Democracy Press.

The socialist political movement includes political philosophies that originated in the revolutionary movements of the mid-to-late 18th century and out of concern for the that socialists associated with capitalism. By the late 19th century, after the work of and his collaborator , socialism had come to signify and advocacy for a system based on some form of social ownership of the means of production.

(2025). 9781931859257, .
By the early 1920s, and social democracy had become the two dominant political tendencies within the international socialist movement,: "Chapter 1 looks at the foundations of the doctrine by examining the contribution made by various traditions of socialism in the period between the early 19th century and the aftermath of the First World War. The two forms that emerged as dominant by the early 1920s were social democracy and communism." with socialism itself becoming the most influential secular movement of the 20th century. Many socialists also adopted the causes of other social movements, such as feminism, , and .

Although the emergence of the as the world's first led to the widespread association of socialism with the Soviet economic model, it has since shifted in favour of democratic socialism. Academics sometimes recognised the of several Western European and Nordic countries as "democratic socialist",: "If we were to extend the definition of socialism to include Labor Britain or socialist Sweden, there would be no difficulty in refuting the connection between capitalism and democracy."; ; : "Sweden, Great Britain, and France have mixed economies, sometimes referred to as democratic socialism — an economic and political system that combines private ownership of some of the means of production, governmental distribution of some essential goods and services, and free elections. For example, government ownership in Sweden is limited primarily to railroads, mineral resources, a public bank, and liquor and tobacco operations."; : "The scholars in camp of democratic socialism believe that China should draw on the Sweden experience, which is suitable not only for the West but also for China. In the post-Mao China, the Chinese intellectuals are confronted with a variety of models. The liberals favor the American model and share the view that the Soviet model has become archaic and should be totally abandoned. Meanwhile, democratic socialism in Sweden provided an alternative model. Its sustained economic development and extensive welfare programs fascinated many. Numerous scholars within the democratic socialist camp argue that China should model itself politically and economically on Sweden, which is viewed as more genuinely socialist than China. There is a growing consensus among them that in the Nordic countries the welfare state has been extraordinarily successful in eliminating poverty.": "Nordic nations—and especially Sweden—did embrace socialism between around 1970 and 1990. During the past 30 years, however, both conservative and social democratic-led governments have moved toward the center." although the system of these countries, with only limited social ownership (generally in the form of state ownership), is more usually described as . Following the revolutions of 1989, many of these countries moved away from socialism as a consensus replaced the social democratic consensus in the advanced capitalist world.; ; ; In parallel, many former socialist politicians and political parties embraced "" politics, remaining committed to equality and welfare while abandoning public ownership and class-based politics. Socialism experienced a resurgence in popularity in the 2010s.


Etymology
According to Andrew Vincent, "the word 'socialism' finds its root in the Latin sociare, which means to combine or to share. The related, more technical term in Roman and then medieval law was societas. This latter word could mean companionship and fellowship as well as the more legalistic idea of a consensual contract between freemen".
(2025). 9781405154956, .

Initial use of socialism was claimed by , who alleged he first used the term in the Parisian journal in 1832.

(2025). 9780393060546, W.W. Norton & Company. .
Leroux was a follower of Henri de Saint-Simon, one of the founders of what would later be labelled utopian socialism. Socialism contrasted with the liberal doctrine of individualism that emphasized the moral worth of the individual while stressing that people act or should act as if they are in isolation from one another. The original utopian socialists condemned this doctrine of individualism for failing to address social concerns during the Industrial Revolution, including poverty, oppression, and vast wealth inequality. They viewed their society as harming community life by basing society on competition. They presented socialism as an alternative to liberal individualism based on the shared ownership of resources.
(2025). 9781305445499, Houghton Mifflin Harcourt Publishing Company.
Saint-Simon proposed economic planning, scientific administration and the application of scientific understanding to the organisation of society. By contrast, proposed to organise production and ownership via .
(2025). 9781285055350, South-Western College Publishing.
Socialism is also attributed in France to Marie Roch Louis Reybaud while in Britain it is attributed to Owen, who became one of the fathers of the cooperative movement.

The definition and usage of socialism settled by the 1860s, with the term socialist replacing , , mutualist and , which had been used as synonyms, while the term communism fell out of use during this period.

(1983). 9780195204698, Oxford University Press.
An early distinction between and socialism was that the latter aimed to only socialise production while the former aimed to socialise both production and consumption (in the form of free access to final goods).
(1992). 9780875484495, Open Court Publishing Company.
By 1888, employed socialism in place of communism as the latter had come to be considered an old-fashioned synonym for socialism. It was not until after the Bolshevik Revolution that socialism was appropriated by to mean a stage between and communism. He used it to defend the Bolshevik program from Marxist criticism that Russia's productive forces were not sufficiently developed for communism.
(1992). 9780875484495, Open Court Publishing Company.
The distinction between communism and socialism became salient in 1918 after the Russian Social Democratic Labour Party renamed itself to the All-Russian Communist Party, interpreting communism specifically to mean socialists who supported the politics and theories of , and later that of Marxism–Leninism,: "In a modern sense of the word, communism refers to the ideology of Marxism–Leninism." although communist parties continued to describe themselves as socialists dedicated to socialism.
(1983). 9780195204698, Oxford University Press.
According to The Oxford Handbook of Karl Marx, "Marx used many terms to refer to a post-capitalist society—positive , socialism, communism, realm of free individuality, free association of producers, etc. He used these terms completely interchangeably. The notion that 'socialism' and 'communism' are distinct historical stages is alien to his work and only entered the lexicon of Marxism after his death".
9780190695545, Oxford University Press. .

In , communists were believed to have adopted . In Protestant England, communism was too close to the , hence socialist was the preferred term.

(1976). 9780006334798, .
Engels wrote that in 1848, when The Communist Manifesto was published, socialism was respectable in Europe while communism was not. The in England and the in France were considered respectable socialists while working-class movements that "proclaimed the necessity of total social change" denoted themselves communists. This branch of socialism produced the communist work of Étienne Cabet in France and in Germany.
(2025). 9781350150331, Bloomsbury Academic.
British moral philosopher John Stuart Mill discussed a form of economic socialism within free market. In later editions of his Principles of Political Economy (1848), Mill posited that "as far as economic theory was concerned, there is nothing in principle in economic theory that precludes an economic order based on socialist policies" and promoted substituting capitalist businesses with worker cooperatives. Principles of Political Economy with Some of Their Applications to Social Philosophy, IV.7.21. John Stuart Mill: Political Economy, IV.7.21. "The form of association, however, which if mankind continue to improve, must be expected in the end to predominate, is not that which can exist between a capitalist as chief, and work-people without a voice in the management, but the association of the labourers themselves on terms of equality, collectively owning the capital with which they carry on their operations, and working under managers elected and removable by themselves." While democrats looked to the Revolutions of 1848 as a democratic revolution which in the long run ensured liberty, equality, and fraternity, Marxists denounced it as a betrayal of working-class ideals by a indifferent to the .


History
The history of socialism has its origins in the Age of Enlightenment and the 1789 French Revolution, along with the changes that brought, although it has precedents in earlier movements and ideas. The Communist Manifesto was written by and in 1847–48 just before the Revolutions of 1848 swept Europe, expressing what they termed scientific socialism. In the last third of the 19th century parties dedicated to Democratic socialism arose in Europe, drawing mainly from . For a duration of one week in December 1899, the Australian Labor Party formed the first socialist government in the world when it was elected into power in the Colony of Queensland with Premier as its leader.
(2025). 9781740510332, . .

In the first half of the 20th century, the and the of the Third International around the world, came to represent socialism in terms of the Soviet model of economic development and the creation of directed by a state that owns all the means of production, although other trends condemned what they saw as the lack of democracy. The establishment of the People's Republic of China in 1949, saw socialism introduced. China experienced land redistribution and the Anti-Rightist Movement, followed by the disastrous Great Leap Forward. In the UK, said that "socialism is what the Labour government does" whereas argued socialism requires that the "main streams of economic activity are brought under public direction", with an economic plan and workers' democracy.Bevan, Aneurin, In Place of Fear, p. 50, p. 126–128. MacGibbon and Kee, (1961). Some argued that capitalism had been abolished. stated: "To the question 'Is this still capitalism?' I would answer 'No'." In The Future of Socialism p. 46. Constable (2006). Socialist governments established the with partial and social welfare.

By 1968, the prolonged gave rise to the , socialists who tended to be critical of the Soviet Union and . Anarcho-syndicalists and some elements of the New Left and others favoured decentralised collective ownership in the form of or workers' councils. In 1989, the Soviet Union saw the end of , marked by the Revolutions of 1989 across , culminating in the dissolution of the Soviet Union in 1991. Socialists have adopted the causes of other social movements such as , feminism and .


Early 21st century
In 1990, the São Paulo Forum was launched by the Workers' Party (Brazil), linking left-wing socialist parties in Latin America. Its members were associated with the of left-wing governments on the continent in the early 21st century. Member parties ruling countries included the Front for Victory in Argentina, the in Ecuador, Farabundo Martí National Liberation Front in El Salvador, in Peru, and the United Socialist Party of Venezuela, whose leader Hugo Chávez initiated what he called "Socialism of the 21st century".

Many mainstream democratic socialist and social democratic parties continued to drift right-wards. On the right of the socialist movement, the Progressive Alliance was founded in 2013 by current or former members of the Socialist International. The organisation states the aim of becoming the global network of "the , democratic, social-democratic, socialist and ". Mainstream social democratic and socialist parties are also networked in Europe in the Party of European Socialists formed in 1992. Many of these parties lost large parts of their electoral base in the early 21st century. This phenomenon is known as from the Greek party , which saw a declining share of the vote in national elections—from 43.9% in 2009 to 13.2% in May 2012, to 12.3% in June 2012 and 4.7% in 2015—due to its poor handling of the Greek government-debt crisis and implementation of harsh measures.

In Europe, the share of votes for such socialist parties was at its 70-year lowest in 2015. For example, the Socialist Party, after winning the 2012 French presidential election, rapidly lost its vote share, the Social Democratic Party of Germany's fortunes declined rapidly from 2005 to 2019, and outside Europe the Israeli Labor Party fell from being the dominant force in Israeli politics to 4.43% of the vote in the April 2019 Israeli legislative election, and the Peruvian Aprista Party went from ruling party in 2011 to a minor party. The decline of these mainstream parties opened space for more radical and populist left parties in some countries, such as Spain's Podemos, Greece's (in government, 2015–19), Germany's , and France's La France Insoumise. In other countries, left-wing revivals have taken place within mainstream democratic socialist and centrist parties, as with in the United Kingdom and in the United States. Few of these radical left parties have won national government in Europe, while some more mainstream socialist parties have managed to, such as Portugal's Socialist Party.

, the founding editor of the American socialist magazine Jacobin, argued that the appeal of socialism persists due to the inequality and "tremendous suffering" under current global capitalism, the use of wage labor "which rests on the exploitation and domination of humans by other humans," and ecological crises, such as . In contrast, Mark J. Perry of the conservative American Enterprise Institute (AEI) argued that despite socialism's resurgence, it is still "a flawed system based on completely faulty principles that aren't consistent with human behavior and can't nurture the human spirit.", adding that "While it promised prosperity, equality, and security, it delivered poverty, misery, and tyranny." Some in the scientific community have suggested that a contemporary radical response to social and ecological problems could be seen in the emergence of movements associated with , and .


Social and political theory
Early socialist thought took influences from a diverse range of philosophies such as civic , Enlightenment , , forms of , Christianity (both Catholic and Protestant), and natural rights theory, and liberal political economy.Andrew Vincent. Modern political ideologies. Wiley-Blackwell publishing. 2010. pp. 87–88 Another philosophical basis for a great deal of early socialism was the emergence of during the European Enlightenment. Positivism held that both the natural and social worlds could be understood through scientific knowledge and be analysed using scientific methods.

The fundamental objective of socialism is to attain an advanced level of material production and therefore greater productivity, efficiency and rationality as compared to capitalism and all previous systems, under the view that an expansion of human productive capability is the basis for the extension of freedom and equality in society.

(2025). 9780415195867, .
Many forms of socialist theory hold that human behaviour is largely shaped by the social environment. In particular, socialism holds that social , values, cultural traits and economic practices are social creations and not the result of an immutable natural law.
(2025). 9781104238407, Kessinger Publishing, LLC.
Ferri, Enrico, "Socialism and Modern Science", in Evolution and Socialism (1912), p. 79. "Upon what point are orthodox political economy and socialism in absolute conflict? Political economy has held and holds that the economic laws governing the production and distribution of wealth which it has established are natural laws ... not in the sense that they are laws naturally determined by the condition of the social organism (which would be correct), but that they are absolute laws, that is to say that they apply to humanity at all times and in all places, and consequently, that they are immutable in their principal points, though they may be subject to modification in details. Scientific socialism holds, the contrary, that the laws established by classical political economy, since the time of Adam Smith, are laws peculiar to the present period in the history of civilized humanity, and that they are, consequently, laws essentially relative to the period of their analysis and discovery." The object of their critique is thus not human avarice or human consciousness, but the material conditions and man-made social systems (i.e. the economic structure of society) which give rise to observed social problems and inefficiencies. , often considered to be the father of analytic philosophy, identified as a socialist. Russell opposed the class struggle aspects of Marxism, viewing socialism solely as an adjustment of economic relations to accommodate modern machine production to benefit all of humanity through the progressive reduction of necessary work time.

Socialists view creativity as an essential aspect of human nature and define freedom as a state of being where individuals are able to express their creativity unhindered by constraints of both material scarcity and coercive social institutions.Bhargava. Political Theory: An Introduction. Pearson Education India, 2008. p. 249. The socialist concept of individuality is intertwined with the concept of individual creative expression. Karl Marx believed that expansion of the productive forces and technology was the basis for the expansion of human freedom and that socialism, being a system that is consistent with modern developments in technology, would enable the flourishing of "free individualities" through the progressive reduction of necessary labour time. The reduction of necessary labour time to a minimum would grant individuals the opportunity to pursue the development of their true individuality and creativity.


Criticism of capitalism
Socialists argue that the accumulation of capital generates waste through that require costly corrective regulatory measures. They also point out that this process generates wasteful industries and practices that exist only to generate sufficient demand for products such as high-pressure advertisement to be sold at a profit, thereby creating rather than satisfying economic demand. Socialists argue that capitalism consists of irrational activity, such as the purchasing of commodities only to sell at a later time when their price appreciates, rather than for consumption, even if the commodity cannot be sold at a profit to individuals in need and therefore a crucial criticism often made by socialists is that "making money", or accumulation of capital, does not correspond to the satisfaction of demand (the production of ). The fundamental criterion for economic activity in capitalism is the accumulation of capital for reinvestment in production, but this spurs the development of new, non-productive industries that do not produce use-value and only exist to keep the accumulation process afloat (otherwise the system goes into crisis), such as the spread of the , contributing to the formation of economic bubbles. Such accumulation and reinvestment, when it demands a constant rate of profit, causes problems if the earnings in the rest of society do not increase in proportion.

Socialists view relations as limiting the potential of productive forces in the economy. According to socialists, private property becomes obsolete when it concentrates into centralised, socialised institutions not based on private appropriation of revenue but based on cooperative work and internal planning in allocation of inputs—until the role of the capitalist becomes redundant. With no need for capital accumulation and a class of owners, private property in the means of production is perceived as being an outdated form of economic organisation that should be replaced by a free association of individuals based on public or of these socialised assets. Private ownership imposes constraints on planning, leading to uncoordinated economic decisions that result in business fluctuations, unemployment and a tremendous waste of material resources during crisis of .

Excessive disparities in income distribution lead to social instability and require costly corrective measures in the form of redistributive taxation, which incurs heavy administrative costs while weakening the incentive to work, inviting dishonesty and increasing the likelihood of tax evasion while (the corrective measures) reduce the overall efficiency of the market economy. These corrective policies limit the incentive system of the market by providing things such as , unemployment insurance, taxing profits and reducing the reserve army of labour, resulting in reduced incentives for capitalists to invest in more production. In essence, social welfare policies cripple capitalism and its incentive system and are thus unsustainable in the long run. Marxists argue that the establishment of a socialist mode of production is the only way to overcome these deficiencies. Socialists and specifically Marxian socialists argue that the inherent conflict of interests between the working class and capital prevent optimal use of available human resources and leads to contradictory interest groups (labour and business) striving to influence the state to intervene in the economy in their favour at the expense of overall economic efficiency. Early socialists (utopian socialists and Ricardian socialists) criticised capitalism for concentrating power and wealth within a small segment of society. In addition, they complained that capitalism does not use available technology and resources to their maximum potential in the interests of the public.


Marxism
and argued that socialism would emerge from historical necessity as capitalism rendered itself obsolete and unsustainable from increasing internal contradictions emerging from the development of the productive forces and technology. It was these advances in the productive forces combined with the old social relations of production of capitalism that would generate contradictions, leading to working-class consciousness.
(2025). 9780618261819, George Hoffman.

Marx and Engels held the view that the consciousness of those who earn a wage or salary (the working class in the broadest Marxist sense) would be moulded by their conditions of , leading to a tendency to seek their freedom or emancipation by overthrowing ownership of the means of production by capitalists and consequently, overthrowing the state that upheld this economic order. For Marx and Engels, conditions determine consciousness and ending the role of the capitalist class leads eventually to a classless society in which the state would wither away.

Marx and Engels used the terms socialism and interchangeably, but many later Marxists defined socialism as a specific historical phase that would displace capitalism and precede communism.

The major characteristics of socialism (particularly as conceived by Marx and Engels after the of 1871) are that the would control the means of production through a workers' state erected by the workers in their interests.

For orthodox Marxists, socialism is the lower stage of communism based on the principle of "from each according to his ability, to each according to his contribution", while upper stage communism is based on the principle of "from each according to his ability, to each according to his need", the upper stage becoming possible only after the socialist stage further develops economic efficiency and the automation of production has led to a superabundance of goods and services.

(2025). 9780742507951, Rowman & Littlefield.
(1995). 9780804723848, Stanford University Press.
Marx argued that the material productive forces (in industry and commerce) brought into existence by capitalism predicated a cooperative society since production had become a mass social, collective activity of the working class to create commodities but with private ownership (the relations of production or property relations). This conflict between collective effort in large factories and private ownership would bring about a conscious desire in the working class to establish collective ownership commensurate with the collective efforts their daily experience.


Role of the state
Socialists have taken different perspectives on the state and the role it should play in revolutionary struggles, in constructing socialism and within an established socialist economy.

In the 19th century, the philosophy of state socialism was first explicitly expounded by the German political philosopher Ferdinand Lassalle. In contrast to Karl Marx's perspective of the state, Lassalle rejected the concept of the state as a class-based power structure whose main function was to preserve existing class structures. Lassalle also rejected the Marxist view that the state was destined to "wither away". Lassalle considered the state to be an entity independent of class allegiances and an instrument of justice that would therefore be essential for achieving socialism.

Preceding the Bolshevik-led revolution in Russia, many socialists including , currents such as council communism, anarchists and libertarian socialists criticised the idea of using the state to conduct central planning and own the means of production as a way to establish socialism. Following the victory of Leninism in Russia, the idea of "state socialism" spread rapidly throughout the socialist movement and eventually state socialism came to be identified with the Soviet economic model.

Joseph Schumpeter rejected the association of socialism and social ownership with state ownership over the means of production because the state as it exists in its current form is a product of capitalist society and cannot be transplanted to a different institutional framework. Schumpeter argued that there would be different institutions within socialism than those that exist within modern capitalism, just as had its own distinct and unique institutional forms. The state, along with concepts like and taxation, were concepts exclusive to commercial society (capitalism) and attempting to place them within the context of a future socialist society would amount to a distortion of these concepts by using them out of context.

(2025). 9780061561610, Harper Perennial.


Utopian versus scientific
Utopian socialism is a term used to define the first currents of modern socialist thought as exemplified by the work of Henri de Saint-Simon, and which inspired and other early socialists. Visions of imaginary ideal societies, which competed with revolutionary social democratic movements, were viewed as not being grounded in the material conditions of society and as reactionary.
(1990). 9780853457985, Monthly Review Press.
Although it is technically possible for any set of ideas or any person living at any time in history to be a utopian socialist, the term is most often applied to those socialists who lived in the first quarter of the 19th century who were ascribed the label "utopian" by later socialists as a negative term to imply naivete and dismiss their ideas as fanciful or unrealistic.

Religious sects whose members live communally such as the are not usually called "utopian socialists", although their way of living is a prime example. They have been categorised as religious socialists by some. Similarly, modern intentional communities based on socialist ideas could also be categorised as "utopian socialist". For Marxists, the development of capitalism in Western Europe provided a material basis for the possibility of bringing about socialism because according to The Communist Manifesto "what the bourgeoisie produces above all is its own grave diggers", namely the working class, which must become conscious of the historical objectives set it by society.


Reform versus revolution
Revolutionary socialists believe that a social revolution is necessary to effect structural changes to the socioeconomic structure of society. Among revolutionary socialists there are differences in strategy, theory and the definition of revolution. Orthodox Marxists and left communists take an stance, believing that revolution should be spontaneous as a result of contradictions in society due to technological changes in the productive forces. Lenin theorised that under capitalism the workers cannot achieve class consciousness beyond organising into trade unions and making demands of the capitalists. Therefore, argue that it is historically necessary for a of class conscious revolutionaries to take a central role in coordinating the social revolution to overthrow the capitalist state and eventually the institution of the state altogether. Revolution is not necessarily defined by revolutionary socialists as violent insurrection, but as a complete dismantling and rapid transformation of all areas of class society led by the majority of the masses: the working class.

Reformism is generally associated with and democratic socialism. Reformism is the belief that socialists should stand in parliamentary elections within capitalist society and if elected use the machinery of government to pass political and social reforms for the purposes of ameliorating the instabilities and inequities of capitalism. Within socialism, reformism is used in two different ways. One has no intention of bringing about socialism or fundamental economic change to society and is used to oppose such structural changes. The other is based on the assumption that while reforms are not socialist in themselves, they can help rally supporters to the cause of revolution by popularizing the cause of socialism to the working class.

The debate on the ability for social democratic reformism to lead to a socialist transformation of society is over a century old. Reformism is criticized for being paradoxical as it seeks to overcome the existing economic system of capitalism while trying to improve the conditions of capitalism, thereby making it appear more tolerable to society. According to , capitalism is not overthrown, "but is on the contrary strengthened by the development of social reforms". In a similar vein, Stan Parker of the Socialist Party of Great Britain argues that reforms are a diversion of energy for socialists and are limited because they must adhere to the logic of capitalism. French social theorist André Gorz criticized reformism by advocating a third alternative to reformism and social revolution that he called "non-reformist reforms", specifically focused on structural changes to capitalism as opposed to reforms to improve living conditions within capitalism or to prop it up through economic interventions.


Culture
In the Leninist conception, the role of the vanguard party was to politically educate the workers and peasants to dispel the societal false consciousness of institutional religion and nationalism that constitute the cultural status quo taught by the to the proletariat to facilitate their economic exploitation of peasants and workers. Influenced by Lenin, the Central Committee of the Bolshevik Party stated that the development of the socialist workers' culture should not be "hamstrung from above" and opposed the (1917–1925) organisational control of the national culture.Central Committee, "On Proletcult Organisations", No. 270, 1 December 1920. Similarly, Trotsky viewed the party as transmitters of culture to the masses for raising the standards of , as well as entry into the cultural sphere, but that the process of artistic creation in terms of language and presentation should be the domain of the practitioner. According to political scientist Baruch Knei-Paz in his book The Social and Political Thought of Leon Trotsky, this represented one of several distinctions between Trotsky's approach on cultural matters and Stalin's policy in the 1930s.

In Literature and Revolution, Trotsky examined aesthetic issues in relation to class and the Russian revolution. Soviet scholar Robert Bird considered his work as the "first systematic treatment of art by a Communist leader" and a catalyst for later, Marxist cultural and critical theories.

In "Problems of Everyday Life", a contemporaneous book which further articulated his views on culture and science, Trotsky argued that cultural development was a prerequisite for socialist reconstruction.

(1998). 9780873488549, Pathfinder Press. .
In particular, he argued that cultural development would accentuate industrial and technical progress. He viewed both elements to be interrelated components as part of dialectical interaction in which he viewed the low level of Russian and to be a function of cultural backwardness. According to Trotsky, Western industrial techniques and products such as the should not be rejected due to their status as a product of a capitalist system but rather absorbed into the Soviet socialist framework to facilitate new forms of techniques and cultural production. In this interpretation, the transference of techniques brought new cultural changes in terms of rationalism, , exactitude and .

Trotsky would later co-author the 1938 Manifesto for an Independent Revolutionary Art with the endorsement of prominent artists and . Trotsky's writings on literature such as his 1923 survey which advocated tolerance, limited censorship and respect for literary tradition had strong appeal to the New York Intellectuals.

(2017). 9781108210416, Cambridge University Press.

Prior to Stalin's rule, literary, religious and national representatives had some level of autonomy in throughout the 1920s but these groups were later rigorously repressed during the . Socialist realism was imposed under Stalin in artistic production and other creative industries such as , along with were subject to extreme levels of political control.

(2001). 9781136798641, . .

The phenomenon which emerged in the 1960s shaped the and radical outlook of the ; this movement placed a heavy emphasis on anti-racism, and in opposition to the dominant culture of advanced industrial capitalism. Socialist groups have also been closely involved with a number of counter-cultural movements such as Vietnam Solidarity Campaign, Stop the War Coalition, Love Music Hate Racism, and Unite Against Fascism.


Economics
Socialist economics starts from the premise that "individuals do not live or work in isolation but live in cooperation with one another. Furthermore, everything that people produce is in some sense a social product, and everyone who contributes to the production of a good is entitled to a share in it. Society as whole, therefore, should own or at least control property for the benefit of all its members".

The original conception of socialism was an economic system whereby production was organised in a way to directly produce goods and services for their utility (or use-value in classical and Marxian economics), with the direct allocation of resources in terms of physical units as opposed to financial calculation and the economic laws of capitalism (see law of value), often entailing the end of capitalistic economic categories such as , interest, profit and money.: "According to nineteenth-century socialist views, socialism would function without capitalist economic categories—such as money, prices, interest, profits and rent—and thus would function according to laws other than those described by current economic science. While some socialists recognised the need for money and prices at least during the transition from capitalism to socialism, socialists more commonly believed that the socialist economy would soon administratively mobilise the economy in physical units without the use of prices or money." In a fully developed socialist economy, production and balancing factor inputs with outputs becomes a technical process to be undertaken by engineers.

(2025). 9780618261819, George Hoffman.

refers to an array of different economic theories and systems that use the market mechanism to organise production and to allocate factor inputs among socially owned enterprises, with the economic surplus (profits) accruing to society in a as opposed to private capital owners.

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Variations of market socialism include proposals such as mutualism, based on classical economics, and neoclassical economic models such as the . Some economists, such as , , and others not specifically advancing anti-socialists positions have shown that prevailing economic models upon which such democratic or market socialism models might be based have logical flaws or unworkable presuppositions.
(1996). 9780262691826, The MIT Press.
Description, Table of Contents, and preview. These criticisms have been incorporated into the models of market socialism developed by and Nicholas Vrousalis.
(2025). 9780192867698, Oxford University Press. .

The ownership of the means of production can be based on direct ownership by the users of the productive property through worker cooperative; or by all of society with management and control delegated to those who operate/use the means of production; or by a state apparatus. Public ownership may refer to the creation of state-owned enterprises, , or autonomous collective institutions. Some socialists feel that in a socialist economy, at least the "" of the economy must be publicly owned.

(2025). 9780684835693, Free Press. .
Economic liberals and right libertarians view private ownership of the means of production and the market exchange as natural entities or moral rights which are central to their conceptions of freedom and liberty and view the economic dynamics of capitalism as immutable and absolute, therefore they perceive public ownership of the means of production, and economic planning as infringements upon liberty.
(2025). 9780521563543, Cambridge University Press. .

Management and control over the activities of enterprises are based on self-management and self-governance, with equal power-relations in the workplace to maximise occupational autonomy. A socialist form of organisation would eliminate controlling hierarchies so that only a hierarchy based on technical knowledge in the workplace remains. Every member would have decision-making power in the firm and would be able to participate in establishing its overall policy objectives. The policies/goals would be carried out by the technical specialists that form the coordinating hierarchy of the firm, who would establish plans or directives for the work community to accomplish these goals.: "The sandglass (socialist) model is based on the observation that there are two fundamentally different spheres of activity or decision making. The first is concerned with value judgments, and consequently each individual counts as one in this sphere. In the second, technical decisions are made on the basis of technical competence and expertise. The decisions of the first sphere are policy directives; those of the second, technical directives. The former are based on political authority as exercised by all members of the organisation; the latter, on professional authority specific to each member and growing out of the division of labour. Such an organisation involves a clearly defined coordinating hierarchy but eliminates a power hierarchy." "The sandglass (socialist) model is based on the observation that there are two fundamentally different spheres of activity or decision making. The first is concerned with value judgments, and consequently each individual counts as one in this sphere. In the second, technical decisions are made on the basis of technical competence and expertise. The decisions of the first sphere are policy directives; those of the second, technical directives. The former are based on political authority as exercised by all members of the organisation; the latter, on professional authority specific to each member and growing out of the division of labour. Such an organisation involves a clearly defined coordinating hierarchy but eliminates a power hierarchy."

The role and use of money in a hypothetical socialist economy is a contested issue. Nineteenth century socialists including , , Pierre-Joseph Proudhon and John Stuart Mill advocated various forms of or labour credits, which like money would be used to acquire articles of consumption, but unlike money they are unable to become capital and would not be used to allocate resources within the production process. Bolshevik revolutionary argued that money could not be arbitrarily abolished following a socialist revolution. Money had to exhaust its "historic mission", meaning it would have to be used until its function became redundant, eventually being transformed into bookkeeping receipts for statisticians and only in the more distant future would money not be required for even that role.


Planned economy
A planned economy is a type of economy consisting of a mixture of public ownership of the means of production and the coordination of production and distribution through economic planning. A planned economy can be either decentralised or centralised. provided a comprehensive theoretical framework for a planned socialist economy. In his model, assuming perfect computation techniques, simultaneous equations relating inputs and outputs to ratios of equivalence would provide appropriate valuations to balance supply and demand.
(2025). 9780618261819, George Hoffman.

The most prominent example of a planned economy was the economic system of the Soviet Union and as such the centralised-planned economic model is usually associated with the of the 20th century, where it was combined with a single-party political system. In a centrally planned economy, decisions regarding the quantity of goods and services to be produced are planned in advance by a planning agency (see also the analysis of Soviet-type economic planning). The economic systems of the Soviet Union and the are further classified as "command economies", which are defined as systems where economic coordination is undertaken by commands, directives and production targets. Studies by economists of various political persuasions on the actual functioning of the Soviet economy indicate that it was not actually a planned economy. Instead of conscious planning, the Soviet economy was based on a process whereby the plan was modified by localised agents and the original plans went largely unfulfilled. Planning agencies, ministries and enterprises all adapted and bargained with each other during the formulation of the plan as opposed to following a plan passed down from a higher authority, leading some economists to suggest that planning did not actually take place within the Soviet economy and that a better description would be an "administered" or "managed" economy. "Several authors of the most diverse political views have stated that there is in fact no planning in the Soviet Union: Eugene Zaleski, J. Wilhelm, Hillel Ticktin. They all in their very different ways note the fact that plans are often (usually) unfulfilled, that information flows are distorted, that plan-instructions are the subject of bargaining, that there are many distortions and inconsistencies, indeed that (as many sources attest) plans are frequently altered within the period to which they are supposed to apply ... ."

Although central planning was largely supported by Marxist–Leninists, some factions within the Soviet Union before the rise of held positions contrary to central planning. Leon Trotsky rejected central planning in favour of decentralised planning. He argued that central planners, regardless of their intellectual capacity, would be unable to coordinate effectively all economic activity within an economy because they operated without the input and tacit knowledge embodied by the participation of the millions of people in the economy. As a result, central planners would be unable to respond to local economic conditions.

(1972). 9780873482288, .
Trotsky.


Self-managed economy
A self-managed, decentralised economy is based on autonomous self-regulating economic units and a decentralised mechanism of resource allocation and decision-making. This model has found support in notable classical and neoclassical economists including , John Stuart Mill and . There are numerous variations of self-management, including labour-managed firms and worker-managed firms. The goals of self-management are to eliminate exploitation and reduce alienation.
(2025). 9780415241878, .
is a political movement advocating workers' control of industry through the medium of trade-related "in an implied contractual relationship with the public". It originated in the United Kingdom and was at its most influential in the first quarter of the 20th century. It was strongly associated with G. D. H. Cole and influenced by the ideas of .

One such system is the cooperative economy, a largely free in which workers manage the firms and democratically determine remuneration levels and labour divisions. Productive resources would be legally owned by the and rented to the workers, who would enjoy rights.Vanek, Jaroslav, The Participatory Economy (Ithaca, NY.: Cornell University Press, 1971). Another form of decentralised planning is the use of , or the use of computers to manage the allocation of economic inputs. The socialist-run government of in Chile experimented with , a real-time information bridge between the government, state enterprises and consumers. This had been preceded by similar efforts to introduce a form of cybernetic economic planning as seen with the proposed system in the Soviet Union. The OGAS project was conceived to oversee a nationwide information network but was never implemented due to conflicting, . Another, more recent variant is participatory economics, wherein the economy is planned by decentralised councils of workers and consumers. Workers would be remunerated solely according to effort and sacrifice, so that those engaged in dangerous, uncomfortable and strenuous work would receive the highest incomes and could thereby work less. A contemporary model for a self-managed, non-market socialism is 's model of negotiated coordination. Negotiated coordination is based upon social ownership by those affected by the use of the assets involved, with decisions made by those at the most localised level of production.

identifies the emergence of the open software movement and peer-to-peer production as a new alternative mode of production to the capitalist economy and centrally planned economy that is based on collaborative self-management, common ownership of resources and the production of use-values through the free cooperation of producers who have access to distributed capital.

Anarcho-communism is a theory of which advocates the abolition of the state, and capitalism in favour of of the means of production.

(1999). 9780275961510, Greenwood Publishing Group. .
(2025). 9781599862187, Filiquarian Publishing. .
Anarcho-syndicalism was practised in and other places in the Spanish Revolution during the Spanish Civil War. estimated that about eight million people participated directly or at least indirectly in the Spanish Revolution.

The economy of the former Socialist Federal Republic of Yugoslavia established a system based on market-based allocation, social ownership of the means of production and self-management within firms. This system substituted Yugoslavia's Soviet-type central planning with a decentralised, self-managed system after reforms in 1953.

The Marxian economist Richard D. Wolff argues that "re-organising production so that workers become collectively self-directed at their work-sites" not only moves society beyond both capitalism and of the last century, but would also mark another milestone in human history, similar to earlier transitions out of slavery and feudalism.

(2025). 9781608462476, . .
As an example, Wolff claims that Mondragon is "a stunningly successful alternative to the capitalist organisation of production".


State-directed economy
State socialism can be used to classify any variety of socialist philosophies that advocates the ownership of the means of production by the state apparatus, either as a transitional stage between capitalism and socialism, or as an end-goal in itself. Typically, it refers to a form of technocratic management, whereby technical specialists administer or manage economic enterprises on behalf of society and the public interest instead of workers' councils or workplace democracy.

A state-directed economy may refer to a type of mixed economy consisting of public ownership over large industries, as promoted by various Social democratic political parties during the 20th century. This ideology influenced the policies of the British Labour Party during Clement Attlee's administration. In the biography of the 1945 United Kingdom Labour Party Prime Minister , states: "The government ... wanted what would become known as a mixed economy."

Nationalisation in the United Kingdom was achieved through compulsory purchase of the industry (i.e. with compensation). British Aerospace was a combination of major aircraft companies British Aircraft Corporation, and others. British Shipbuilders was a combination of the major shipbuilding companies including , Govan Shipbuilders, and Yarrow Shipbuilders, whereas the nationalisation of the coal mines in 1947 created a coal board charged with running the coal industry commercially so as to be able to meet the interest payable on the bonds which the former mine owners' shares had been converted into.


Market socialism
Market socialism consists of publicly owned or cooperatively owned enterprises operating in a . It is a system that uses the market and for the allocation and accounting of the means of production, thereby retaining the process of capital accumulation. The profit generated would be used to directly remunerate employees, collectively sustain the enterprise or finance public institutions.
(2025). 9780618261819, George Hoffman.
In state-oriented forms of market socialism, in which state enterprises attempt to maximise profit, the profits can be used to fund government programs and services through a , eliminating or greatly diminishing the need for various forms of taxation that exist in capitalist systems. Neoclassical economist Léon Walras believed that a socialist economy based on state ownership of land and natural resources would provide a means of public finance to make income taxes unnecessary. "For Walras, socialism would provide the necessary institutions for free competition and social justice. Socialism, in Walras's view, entailed state ownership of land and natural resources and the abolition of income taxes. As owner of land and natural resources, the state could then lease these resources to many individuals and groups, which would eliminate monopolies and thus enable free competition. The leasing of land and natural resources would also provide enough state revenue to make income taxes unnecessary, allowing a worker to invest his savings and become 'an owner or capitalist at the same time that he remains a worker." implemented a market socialist economy based on cooperatives and worker self-management. Some of the economic reforms introduced during the by Alexander Dubček, the leader of , included elements of market socialism.
(1971). 9780521085861, Cambridge University Press.

Mutualism is an and anarchist school of thought that advocates a society where each person might possess a means of production, either individually or collectively, with trade representing equivalent amounts of labour in the . Integral to the scheme was the establishment of a mutual-credit bank that would lend to producers at a minimal interest rate, just high enough to cover administration. Mutualism is based on a labour theory of value that holds that when labour or its product is sold, in exchange it ought to receive goods or services embodying "the amount of labour necessary to produce an article of exactly similar and equal utility".

The current economic system in China is formally referred to as a socialist market economy with Chinese characteristics. It combines a large state sector that comprises the commanding heights of the economy, which are guaranteed their public ownership status by law, with a mainly engaged in commodity production and light industry responsible from anywhere between 33% to over 70% of GDP generated in 2005. Although there has been a rapid expansion of private-sector activity since the 1980s, privatisation of state assets was virtually halted and were partially reversed in 2005. The current Chinese economy consists of 150 state-owned enterprises that report directly to China's central government. By 2008, these state-owned corporations had become increasingly dynamic and generated large increases in revenue for the state, resulting in a state-sector led recovery during the 2009 financial crises while accounting for most of China's economic growth. The Chinese economic model is widely cited as a contemporary form of state capitalism, the major difference between Western capitalism and the Chinese model being the degree of state-ownership of shares in publicly listed corporations. The Socialist Republic of Vietnam has adopted a similar model after the economic renovation but slightly differs from the Chinese model in that the Vietnamese government retains firm control over the state sector and strategic industries, but allows for private-sector activity in commodity production.


Politics
While major socialist political movements include anarchism, communism, the labour movement, Marxism, social democracy, and syndicalism, independent socialist theorists, utopian socialist authors, and academic supporters of socialism may not be represented in these movements. Some political groups have called themselves socialist while holding views that some consider antithetical to socialism. Socialist has been used by members of the as an epithet, including against individuals who do not consider themselves to be socialists and against policies that are not considered socialist by their proponents. While there are many variations of socialism, and there is no single definition encapsulating all of socialism, there have been common elements identified by scholars.

In his Dictionary of Socialism (1924), Angelo S. Rappoport analysed forty definitions of socialism to conclude that common elements of socialism include general criticism of the social effects of private ownership and control of capital—as being the cause of poverty, low wages, unemployment, economic and social inequality and a lack of economic security; a general view that the solution to these problems is a form of collective control over the means of production, distribution and exchange (the degree and means of control vary among socialist movements); an agreement that the outcome of this collective control should be a society based upon , including social equality, economic protection of people and should provide a more satisfying life for most people.

In The Concepts of Socialism (1975), identifies four core principles of socialism and particularly socialist society, namely sociality, social responsibility, cooperation and planning. In his study Ideologies and Political Theory (1996), states that all socialists share five themes: the first is that socialism posits that society is more than a mere collection of individuals; second, that it considers human welfare a desirable objective; third, that it considers humans by nature to be active and productive; fourth, it holds the belief of human equality; and fifth, that history is progressive and will create positive change on the condition that humans work to achieve such change.


Anarchism
Anarchism advocates stateless societies often defined as voluntary institutions,"In a society developed on these lines, the voluntary associations which already now begin to cover all the fields of human activity would take a still greater extension so as to substitute themselves for the state in all its functions." Peter Kropotkin. "Anarchism" from the Encyclopædia Britannica Peter Kropotkin. "Anarchism" from the Encyclopædia Britannica] but that several authors have defined as more specific institutions based on non- free associations. While anarchism holds the state to be undesirable, unnecessary or harmful, The following sources cite anarchism as a political philosophy:

The authoritarian– struggles and disputes within the socialist movement go back to the First International and the expulsion in 1872 of the anarchists, who went on to lead the Anti-authoritarian International and then founded their own libertarian international, the Anarchist St. Imier International.Hahnel, Robin (2005). Economic Justice and Democracy. Routledge Press. p. 138. . In 1888, the individualist anarchist , who proclaimed himself to be an anarchistic socialist and libertarian socialist in opposition to the authoritarian and the compulsory communism, included the full text of a "Socialistic Letter" by Lesigne (1887). "Socialistic Letters" . Le Radical. Retrieved 20 June 2020. in his essay on "State Socialism and Anarchism". According to Lesigne, there are two types of socialism: "One is dictatorial, the other libertarian".Tucker, Benjamin (1911) 1888. State Socialism and Anarchism: How Far They Agree and Wherein They Differ. Fifield. Tucker's two socialisms were the authoritarian state socialism which he associated to the Marxist school and the libertarian anarchist socialism, or simply anarchism, that he advocated. Tucker noted that the fact that the authoritarian "State Socialism has overshadowed other forms of Socialism gives it no right to a monopoly of the Socialistic idea".Tucker, Benjamin (1893). Instead of a Book by a Man Too Busy to Write One. pp. 363–364. According to Tucker, what those two schools of socialism had in common was the labor theory of value and the ends, by which anarchism pursued different means.Brown, Susan Love (1997). "The Free Market as Salvation from Government". In Carrier, James G., ed. Meanings of the Market: The Free Market in Western Culture. Berg Publishers. p. 107. .

According to anarchists such as the authors of An Anarchist FAQ, anarchism is one of the many traditions of socialism. For anarchists and other anti-authoritarian socialists, socialism "can only mean a classless and anti-authoritarian (i.e. libertarian) society in which people manage their own affairs, either as individuals or as part of a group (depending on the situation). In other words, it implies self-management in all aspects of life", including at the workplace.

(2025). 9781902593906, .
Michael Newman includes anarchism as one of many socialist traditions. Peter Marshall argues that "in general anarchism is closer to socialism than liberalism. ... Anarchism finds itself largely in the socialist camp, but it also has outriders in liberalism. It cannot be reduced to socialism, and is best seen as a separate and distinctive doctrine."
(1992). 9780002178556, .


Democratic socialism and social democracy
Democratic socialism represents any socialist movement that seeks to establish an economy based on economic democracy by and for the working class. Democratic socialism is difficult to define and groups of scholars have radically different definitions for the term. Some definitions simply refer to all forms of socialism that follow an electoral, reformist or evolutionary path to socialism rather than a revolutionary one.This definition is captured in this statement by , who "argued that the socialisms of the pre-war world (not just that of the , but of the democratic socialists too) were now increasingly irrelevant". Other texts which use the terms democratic socialism in this way include Malcolm Hamilton Democratic Socialism in Britain and Sweden (St Martin's Press 1989). According to Christopher Pierson, "if the contrast which 1989 highlights is not that between socialism in the East and liberal democracy in the West, the latter must be recognised to have been shaped, reformed and compromised by a century of social democratic pressure". Pierson further claims that "social democratic and socialist parties within the constitutional arena in the West have almost always been involved in a politics of compromise with existing capitalist institutions (to whatever far distant prize its eyes might from time to time have been lifted)". For Pierson, "if advocates of the death of socialism accept that social democrats belong within the socialist camp, as I think they must, then the contrast between socialism (in all its variants) and liberal democracy must collapse. For actually existing liberal democracy is, in substantial part, a product of socialist (social democratic) forces".
(1995). 9780271014791, Penn State Press.

Social democracy is a socialist tradition of political thought.

(1999). 9781855676053, Continuum.
Many social democrats refer to themselves as socialists or democratic socialists and some such as employ these terms interchangeably.
9789699757006, Global Peace Trust. .
(2025). 9780230625471, Springer.
Others found "clear differences" between the three terms and prefer to describe their own political beliefs by using the term social democracy. The two main directions were to establish democratic socialism or to build first a welfare state within the capitalist system. The first variant advances democratic socialism through and methods. In the second variant, social democracy is a policy regime involving a welfare state, collective bargaining schemes, support for publicly financed public services and a mixed economy. It is often used in this manner to refer to Western and Northern Europe during the later half of the 20th century.
(2025). 9780691147741, Princeton University Press.
Foundations of social democracy, 2004. Friedrich-Ebert-Stiftung, p. 8, November 2009. It was described by as "hybrid economics", an active collaboration of capitalist and socialist visions.
(2025). 9781582437170, Counterpoint. .
Some studies and surveys indicate that people tend to live happier and healthier lives in social democratic societies rather than ones.

Social democrats advocate a peaceful, evolutionary transition of the economy to socialism through social reform. It asserts that the only acceptable constitutional form of government is representative democracy under the rule of law. It promotes extending democratic decision-making beyond political democracy to include economic democracy to guarantee employees and other economic stakeholders sufficient rights of . It supports a that opposes inequality, poverty and oppression while rejecting both a totally unregulated or a fully .

(2025). 9781118177006, John Wiley & Sons.
Common social democratic policies include universal social rights and universally accessible public services such as education, health care, workers' compensation and other services, including child care and elder care. Socialist child care and elderly care systems allow citizens to take a more active role in building a socialist society, especially women. Social democracy supports the trade union labour movement and supports collective bargaining rights for workers.
(2025). 9781315615141, .
Most social democratic parties are affiliated with the Socialist International.

Modern democratic socialism is a broad political movement that seeks to promote the ideals of socialism within the context of a democratic system. Some democratic socialists support social democracy as a temporary measure to reform the current system while others reject reformism in favour of more revolutionary methods. Modern social democracy emphasises a program of gradual legislative modification of capitalism to make it more equitable and humane while the theoretical end goal of building a socialist society is relegated to the indefinite future. According to , Marxism is loosely held to be valuable for its emphasis on changing the world for a more just, better future.

(2025). 9780521817998, Cambridge University Press.

The two movements are widely similar both in terminology and in ideology, although there are a few key differences. The major difference between social democracy and democratic socialism is the object of their politics in that contemporary social democrats support a welfare state and unemployment insurance as well as other practical, progressive reforms of capitalism and are more concerned to administrate and humanise it. On the other hand, democratic socialists seek to replace capitalism with a socialist economic system, arguing that any attempt to humanise capitalism through regulations and welfare policies would distort the market and create economic contradictions.


Ethical and liberal socialism
Ethical socialism appeals to socialism on ethical and moral grounds as opposed to economic, egoistic, and consumeristic grounds. It emphasizes the need for a morally conscious economy based upon the principles of altruism, cooperation, and social justice while opposing possessive individualism. Ethical socialism has been the official philosophy of mainstream socialist parties.

Liberal socialism incorporates liberal principles to socialism. It has been compared to post-war social democracy

(1998). 9780719050565, Manchester University Press. .
for its support of a that includes both public and private capital goods. While democratic socialism and are positions insofar as criticism of capitalism is linked to the private ownership of the means of production, liberal socialism identifies artificial and legalistic monopolies to be the fault of and opposes an entirely unregulated .
(2025). 9780748615605, Edinburgh University Press.
It considers both and to be compatible and mutually dependent.

Principles that can be described as ethical or liberal socialist have been based upon or developed by philosophers such as John Stuart Mill, , , , , and .

(2025). 9780511274725, Cambridge University Press.
Other important liberal socialist figures include Guido Calogero, , Leonard Trelawny Hobhouse, John Maynard Keynes and R. H. Tawney. Liberal socialism has been particularly prominent in British and Italian politics.


Authoritarian socialism

Leninism
Blanquism is a conception of revolution named for Louis Auguste Blanqui. It holds that socialist revolution should be carried out by a relatively small group of highly organised and secretive conspirators. Upon seizing power, the revolutionaries introduce socialism. and criticised Lenin, stating that his conception of revolution was elitist and Blanquist.Rosa Luxemburg as part of a longer section on Blanquism in her Organizational Questions of the Russian Social Democracy (later published as Leninism or Marxism?), writes: "For Lenin, the difference between the and Blanquism is reduced to the observation that in place of a handful of conspirators we have a class-conscious proletariat. He forgets that this difference implies a complete revision of our ideas on organisation and, therefore, an entirely different conception of centralism and the relations existing between the party and the struggle itself. Blanquism did not count on the of the working class. It, therefore, did not need to organise the people for the revolution. The people were expected to play their part only at the moment of revolution. Preparation for the revolution concerned only the little group of revolutionists armed for the coup. Indeed, to assure the success of the revolutionary conspiracy, it was considered wiser to keep the mass at some distance from the conspirators. Rosa Luxemburg, Leninism or Marxism? , Marx.org , last retrieved 25 April 2007 Marxism–Leninism combines Marx's scientific socialist concepts and Lenin's , democratic centralism, Marxism–Leninism. The American Heritage Dictionary of the English Language, Fourth Edition. Houghton Mifflin Company. and the principle of "He who does not work, neither shall he eat".

defined socialism from above as the philosophy which employs an elite administration to run the . The other side of socialism is a more democratic socialism from below. 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.Young, James D. (1988). Socialism Since 1889: A Biographical History. Totowa: Barnes & Noble Books. . Draper viewed socialism from below as being the purer, more version of socialism.

(1988). 9780389208136, Barnes & Noble Books.
According to Draper, and were devoutly opposed to any socialist institution that was "conducive to superstitious authoritarianism". Draper makes the argument that this division echoes the division between "reformist or revolutionary, peaceful or violent, democratic or authoritarian, etc." and further identifies six major varieties of socialism from above, among them "Philanthropism", "Elitism", "Pannism", "Communism", "Permeationism" and "Socialism-from-Outside". According to Arthur Lipow, Marx and Engels were "the founders of modern revolutionary democratic socialism", described as a form of "socialism from below" that is "based on a mass working-class movement, fighting from below for the extension of democracy and human freedom". This type of socialism is contrasted to that of the "authoritarian, anti-democratic creed" and "the various totalitarian collectivist ideologies which claim the title of socialism" as well as "the many varieties of 'socialism from above' which have led in the twentieth century to movements and state forms in which a despotic '' rules over a stratified economy in the name of socialism", a division that "runs through the history of the socialist movement". Lipow identifies and as two prominent authoritarian socialist currents within the history of the socialist movement.
(1991). 9780520075436, University of California Press.

Trotsky viewed himself to be an adherent of Leninism but opposed the and authoritarian methods of Stalin.

(2025). 9781137516497, Palgrave Macmillan UK. .
A number of scholars and Western socialists have regarded Leon Trotsky as a alternative rather than a forerunner to Stalin with particular emphasis drawn to his activities in the pre-Civil War period and as leader of the .
(2008). 9780300134933, Yale University Press. .
(2013). 9781134261918, . .
(2025). 9781893638976, Mehring Books.
More specifically, Trotsky advocated for a form of economic planning,
(2014). 9789004269538, . .
mass soviet ,
(2023). 9781000881905, Taylor & Francis. .
(2020). 9781789607017, . .
worker's control of production,
(2023). 9781000881905, Taylor & Francis. .
elected representation of Soviet socialist parties,
(1991). 9780929087481, Mehring Books. .
the tactic of a against far-right parties,
(1992). 9780748603176, Edinburgh University Press.
autonomy for artistic movements,
(2013). 9781134947836, . .
voluntary ,
(2019). 9781000706512, . .
(2025). 9780300137248, Yale University Press. .
a transitional program,
(2025). 9781931859196, . .
and socialist internationalism.

Several scholars state that in practice, the Soviet model functioned as a form of . See also


Libertarian socialism
Libertarian socialism, sometimes called left-libertarianism,
(1997). 9780304338733, Cassell.
Chomsky, Noam (2004). Language and Politics. In Otero, Carlos Peregrín. . p. 739 and socialist libertarianism,Miller, Wilbur R. (2012). The social history of crime and punishment in America. An encyclopedia. 5 vols. London: Sage Publications. p. 1007. . "There exist three major camps in libertarian thought: right-libertarianism, socialist libertarianism, and ..." is an anti-authoritarian, and "It implies a classless and anti-authoritarian (i.e. libertarian) society in which people manage their own affairs" I.1 Isn't libertarian socialism an oxymoron? at An Anarchist FAQ tradition within socialism that rejects centralised state ownership and control"unlike other socialists, they tend to see (to various different degrees, depending on the thinker) to be skeptical of centralised state intervention as the solution to capitalist exploitation..." Roderick T. Long. "Toward a libertarian theory of class." Social Philosophy and Policy. Volume 15. Issue 02. Summer 1998. Pg. 305 including criticism of relationships ()"Therefore, rather than being an oxymoron, "libertarian socialism" indicates that true socialism must be libertarian and that a libertarian who is not a socialist is a phoney. As true socialists oppose wage labour, they must also oppose the state for the same reasons. Similarly, libertarians must oppose wage labour for the same reasons they must oppose the state." "I1. Isn't libertarian socialism an oxymoron". . In An Anarchist FAQ. as well as the state itself."So, libertarian socialism rejects the idea of state ownership and control of the economy, along with the state as such. Through workers' self-management it proposes to bring an end to authority, exploitation, and hierarchy in production." "I1. Isn't libertarian socialism an oxymoron" in An Anarchist FAQ It emphasises workers' self-management and decentralised structures of political organisation." ...preferring a system of popular self governance via networks of decentralized, local voluntary, participatory, cooperative associations. Roderick T. Long. "Toward a libertarian theory of class." Social Philosophy and Policy. Volume 15. Issue 02. Summer 1998. Pg. 305 Libertarian socialism asserts that a society based on freedom and equality can be achieved through abolishing authoritarian institutions that control production.Mendes, Silva. Socialismo Libertário ou Anarchismo Vol. 1 (1896): "Society should be free through mankind's spontaneous federative affiliation to life, based on the community of land and tools of the trade; meaning: Anarchy will be equality by abolition of (while retaining respect for personal property) and by abolition of ". Libertarian socialists generally prefer and federal or associations such as libertarian municipalism, citizens' assemblies, trade unions and workers' councils."...preferring a system of popular self governance via networks of decentralized, local, voluntary, participatory, cooperative associations-sometimes as a complement to and check on state power..."
(2025). 9781902593920, .

Anarcho-syndicalist explained:

All of this is typically done within a general call for and free associations"What is implied by the term 'libertarian socialism'?: The idea that socialism is first and foremost about freedom and therefore about overcoming the domination, repression, and alienation that block the free flow of human creativity, thought, and action...An approach to socialism that incorporates cultural revolution, women's and children's liberation, and the critique and transformation of daily life, as well as the more traditional concerns of socialist politics. A politics that is completely revolutionary because it seeks to transform all of reality. We do not think that capturing the economy and the state lead automatically to the transformation of the rest of social being, nor do we equate liberation with changing our life-styles and our heads. Capitalism is a total system that invades all areas of life: socialism must be the overcoming of capitalist reality in its entirety, or it is nothing." "What is Libertarian Socialism?" by Ulli Diemer. Volume 2, Number 1 (Summer 1997 issue) of The Red Menace. through the identification, criticism and practical dismantling of illegitimate authority in all aspects of human life.

As part of the larger socialist movement, it seeks to distinguish itself from Bolshevism, Leninism and Marxism–Leninism as well as social democracy. Past and present political philosophies and movements commonly described as libertarian socialist include (anarcho-communism, anarcho-syndicalism,

(1970). 9780853451754, Monthly Review Press.
collectivist anarchism, individualist anarchism" referred to himself many times as a socialist and considered his philosophy to be "Anarchistic socialism." An Anarchist FAQ by Various AuthorsFrench individualist anarchist Émile Armand shows clearly opposition to capitalism and centralised economies when he said that the individualist anarchist "inwardly he remains refractory—fatally refractory—morally, intellectually, economically (The capitalist economy and the directed economy, the speculators and the fabricators of single are equally repugnant to him.)" "Anarchist Individualism as a Life and Activity" by Emile ArmandAnarchist Peter Sabatini reports that in the United States "of early to mid-19th century, there appeared an array of communal and "utopian" counterculture groups (including the so-called free love movement). William Godwin's anarchism exerted an ideological influence on some of this, but more so the socialism of Robert Owen and Charles Fourier. After success of his British venture, Owen himself established a cooperative community within the United States at New Harmony, Indiana during 1825. One member of this commune was Josiah Warren (1798–1874), considered to be the first individualist anarchist" Peter Sabatini. "Libertarianism: Bogus Anarchy" and mutualism), , Communalism, participism, libertarian Marxism (council communism and ), revolutionary syndicalism and utopian socialism ().Kent Bromley, in his preface to Peter Kropotkin's book The Conquest of Bread, considered early French utopian socialist Charles Fourier to be the founder of the libertarian branch of socialist thought, as opposed to the authoritarian socialist ideas of François-Noël Babeuf and Philippe Buonarroti." Kropotkin, Peter. The Conquest of Bread, preface by Kent Bromley, New York and London, G.P. Putnam's Sons, 1906.


Religious socialism
Christian socialism is a broad concept involving an intertwining of Christian religion with socialism.
(2025). 9780198600244, Oxford University Press. .

Islamic socialism is a more form of socialism. Muslim socialists believe that the teachings of the and are not only compatible with, but actively promoting the principles of and , drawing inspiration from the early Medina welfare state he established. Muslim socialists are more conservative than their Western contemporaries and find their roots in , and sometimes, if in an Arab speaking country, . Islamic socialists believe in deriving legitimacy from political mandate as opposed to religious texts.


Social movements
Socialist feminism is a branch of that argues that liberation can only be achieved by working to end both economic and sources of women's . 's foundation was laid by Engels in The Origin of the Family, Private Property, and the State (1884). 's Woman under Socialism (1879), is the "single work dealing with sexuality most widely read by rank-and-file members of the Social Democratic Party of Germany (SPD)". In the late 19th and early 20th centuries, both and were against the of men and supported a revolution that would overcome as many male-female inequalities as possible.
(2025). 9780754601135, Ashgate Publishing.
As their movement already had the most radical demands in women's equality, most Marxist leaders, including Clara Zetkin and Alexandra Kollontai, counterposed Marxism against rather than trying to combine them. Anarcha-feminism began with late 19th- and early 20th-century authors and theorists such as anarchist feminists Goldman and Voltairine de Cleyre.
(2025). 9781849351034, /Dark Star.
In the Spanish Civil War, an anarcha-feminist group, ("Free Women") linked to the Federación Anarquista Ibérica, organised to defend both anarchist and feminist ideas.
(2025). 9781902593968, .
In 1972, the Chicago Women's Liberation Union published "Socialist Feminism: A Strategy for the Women's Movement", which is believed to be the first published use of the term "socialist feminism".

Many socialists were early advocates of . For early socialist , true freedom could only occur without suppressing passions, as the suppression of passions is not only destructive to the individual, but to society as a whole. Writing before the advent of the term "homosexuality", Fourier recognised that both men and women have a wide range of sexual needs and preferences which may change throughout their lives, including same-sex sexuality and androgénité. He argued that all sexual expressions should be enjoyed as long as people are not abused and that "affirming one's difference" can actually enhance social integration. In 's The Soul of Man Under Socialism, he advocates an society where wealth is shared by all, while warning of the dangers of social systems that crush individuality.

(2025). 9780786734924, .
According to McKenna, Wilde was part of a secret organisation that aimed to legalise homosexuality, and was known among the group as a leader of "the Cause". actively campaigned for homosexual rights. His work The Intermediate Sex: A Study of Some Transitional Types of Men and Women was a 1908 book arguing for .
(2025). 9780415864541, .
who was an influential personality in the foundation of the and the Labour Party. After the Russian Revolution under the leadership of Lenin and Trotsky, the Soviet Union abolished previous laws against homosexuality.
(2025). 9780758201003, Kensington Publishing Corporation.
was an early leader in the American LGBT rights movement as well as a member of the Communist Party USA. He is known for his involvement in the founding of gay organisations, including the Mattachine Society, the first sustained gay rights group in the United States which in its early days reflected a strong Marxist influence. The Encyclopedia of Homosexuality reports that "as Marxists the founders of the group believed that the injustice and oppression which they suffered stemmed from relationships deeply embedded in the structure of American society". Emerging from events such as the May 1968 insurrection in France, the anti-Vietnam war movement in the US and the of 1969, militant gay liberation organisations began to spring up around the world. Many sprang from left radicalism more than established homophile groups, although the Gay Liberation Front took an stance and attacked the and traditional .

Eco-socialism is a political strain merging aspects of socialism, Marxism or libertarian socialism with green politics, ecology and alter-globalisation. Eco-socialists generally claim that the expansion of the capitalist system is the cause of social exclusion, poverty, war and environmental degradation through and under the supervision of repressive states and transnational structures. Contrary to the depiction of by some environmentalists,

(1992). 9780791410134, .
social ecologists
(1984). 9780920057087, Black Rose Books.
and fellow socialists
(1996). 9781572301191, The Guilford Press.
as a who favoured the domination of nature, eco-socialists revisited Marx's writings and believe that he "was a main originator of the ecological world-view".
(2025). 9781848136595, .
Marx discussed a "metabolic rift" between man and nature, stating that "private ownership of the globe by single individuals will appear quite absurd as private ownership of one man by another" and his observation that a society must "hand it the down to succeeding generations in an improved condition".
(1981). 9780140221169, in association with New Left Review.
English socialist is credited with developing principles of what was later called eco-socialism.
(2025). 9781906523589, New Internationalist.
During the 1880s and 1890s, Morris promoted his ideas within the Social Democratic Federation and Socialist League. Green anarchism blends anarchism with environmental issues. An important early influence was Henry David Thoreau and his book as well as Élisée Reclus.

In the late 19th century, anarcho-naturism fused anarchism and philosophies within individualist anarchist circles in France, Spain, Cuba and Portugal. 's first book Our Synthetic Environment was followed by his essay "Ecology and Revolutionary Thought" which introduced ecology as a concept in radical politics. In the 1970s, , claimed that capitalist technologies were chiefly responsible for environmental degradation as opposed to population pressures.

(2025). 9780486846248, Courier Dover Publications.
In the 1990s socialist/feminists Mary Mellor
(1992). 9781853812002, .
and
(2025). 9781786990976, .
adopt an eco-socialist paradigm. An "environmentalism of the poor" combining ecological awareness and has also become prominent.
(2025). 9781134173341, Taylor & Francis.
Pepper critiqued the current approach of many within , particularly .
(2025). 9780203423363


Syndicalism
Syndicalism operates through industrial trade unions. It rejects and the use of establishment politics. Syndicalists reject state power in favour of strategies such as the . Syndicalists advocate a socialist economy based on federated unions or syndicates of workers who own and manage the means of production. Some Marxist currents advocate syndicalism, such as . Anarcho-syndicalism views syndicalism as a method for workers in capitalist society to gain control of an economy. The Spanish Revolution was largely orchestrated by the anarcho-syndicalist trade union CNT. The International Workers' Association is an international federation of anarcho-syndicalist labour unions and initiatives.


Public views
A multitude of polls have found significant levels of support for socialism among modern populations.

A 2018 poll found that 50% of the respondents globally strongly or somewhat agreed that present socialist values were of great value for societal progress. In China this was 84%, India 72%, Malaysia 62%, Turkey 62%, South Africa 57%, Brazil 57%, Russia 55%, Spain 54%, Argentina 52%, Mexico 51%, Saudi Arabia 51%, Sweden 49%, Canada 49%, Great Britain 49%, Australia 49%, Poland 48%, Chile 48%, South Korea 48%, Peru 48%, Italy 47%, Serbia 47%, Germany 45%, Belgium 44%, Romania 40%, United States 39%, France 31%, Hungary 28% and Japan 21%.

A 2021 survey conducted by the Institute of Economic Affairs (IEA) found that 67% of young British (16–24) respondents wanted to live in a , 72% supported the of various industries such as , along with and 75% agreed with the view that was a specifically problem.

A 2023 IPSOS poll found that a majority of British public favoured public ownership of including water, rail and . Specifically, 68% of respondents favoured the nationalisation of water services, 65% supporting the nationalisation of the railways, 63% supporting the public ownership of and 39% favouring which is operated by the government. The poll also found broad levels of support among traditional Labour and Conservative voters.

The results of a 2019 Axios poll found that 70% of US were willing to vote for a socialist candidate and 50% of this same demographic had a somewhat or very unfavourable view of capitalism. Subsequently, another 2021 Axios poll found that 51% of 18–34 US adults had a positive view of socialism. Yet, 41% of Americans more generally had a positive view of socialism compared to 52% of those who viewing socialism more negatively.

In 2023, the published findings which found that 42% of Canadians viewed socialism as the ideal system compared to 43% of British respondents, 40% Australian respondents and 31% American respondents. Overall support for socialism ranged from 50% of Canadians 18–24 year olds to 28% of Canadians over 55.


Criticism
According to analytical Marxist sociologist Erik Olin Wright, "The Right condemned socialism as violating individual rights to private property and unleashing monstrous forms of state oppression", while "the Left saw it as opening up new vistas of social equality, genuine freedom and the development of human potentials."

Because of socialism's many varieties, most critiques have focused on a specific approach. Proponents of one approach typically criticise others. Socialism has been criticised in terms of its models of economic organization as well as its political and social implications. Other critiques are directed at the socialist movement, , or existing .

Some forms of criticism occupy theoretical grounds, such as in the economic calculation problem presented by proponents of the as part of the socialist calculation debate, while others support their criticism by examining historical attempts to establish socialist societies. The economic calculation problem concerns the feasibility and methods of resource allocation for a .

(1987). 9781349951215, Palgrave Macmillan.
. Central planning is also criticized by elements of the radical left. Libertarian socialist economist notes that even if central planning overcame its inherent inhibitions of incentives and innovation, it would nevertheless be unable to maximize economic democracy and self-management, which he believes are concepts that are more intellectually coherent, consistent and just than mainstream notions of economic freedom.

Economic liberals and right-libertarians argue that private ownership of the means of production and market exchange are natural entities or moral rights which are central to freedom and liberty and argue that the economic dynamics of are immutable and absolute. As such, they also argue that of the means of production and economic planning are infringements upon liberty.

(2025). 9780521563543, Cambridge University Press.

Critics of socialism have argued that in any society where everyone holds equal wealth, there can be no material incentive to work because one does not receive rewards for a work well done. They further argue that incentives increase productivity for all people and that the loss of those effects would lead to stagnation. Some critics of socialism argue that income sharing reduces individual incentives to work and therefore incomes should be individualized as much as possible.

Some philosophers have also criticized the aims of socialism, arguing that equality erodes away at individual diversities and that the establishment of an equal society would have to entail strong coercion.

argued that the absence of private economic activity would enable political leaders to grant themselves coercive powers, powers that, under a capitalist system, would instead be granted by a capitalist class, which Friedman found preferable.

(2025). 9780521563543, Cambridge University Press.

Many commentators on the political right point to the mass killings under communist regimes, claiming them as an indictment of socialism. Opponents of this view, including supporters of socialism, state that these killings were aberrations caused by specific authoritarian regimes, and not caused by socialism itself, and draw comparisons to killings, famines and excess deaths under capitalism, and anti-communist authoritarian governments.; ; ;


See also
  • Anarchism and socialism
  • Critique of work
  • List of socialist parties with national parliamentary representation
  • List of socialist economists
  • List of communist ideologies
  • List of socialist songs
  • List of socialist states
  • Socialist democracy
  • Scientific socialism
  • (category)
  • Spanish Revolution of 1936
  • Marxian critique of political economy
  • Types of socialism
  • French Republicans under the July Monarchy


Bibliography


Further reading


External links
  • Socialism – entry at the Encyclopædia Britannica

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