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Socialism is an economic and political philosophy encompassing diverse economic and social systems characterised by social ownership of the means of production, as opposed to private ownership. It describes the economic, political, and social theories and movements associated with the implementation of such systems.
- Sozialismus
Der Sozialismus (von lateinisch socialis...
- History
The history of socialism has its origins in the Age of...
- Types
Types of socialism include a range of economic and social...
- Portal:Socialism
Socialism is an economic and political philosophy...
- Sozialismus
Socialist economics has been associated with different schools of economic thought. Marxian economics provided a foundation for socialism based on analysis of capitalism while neoclassical economics and evolutionary economics provided comprehensive models of socialism.
Socialists with more radical views believe that socialism will evolve into what they see as a more advanced system: communism, with no state, money, hierarchy or social classes whatsoever. In Marxist theory, socialism is a temporary social state between capitalism and communism.