A Definition of Socialism - ThoughtCo.

Socialism is an alternative to capitalism, where the means and profits of production are privately held. Socialism became a strong international movement in the early nineteenth century as the Industrial Revolution brought great changes to production methods and capacities and led to a decline in working conditions. Socialist writers and.

An advocate of socialism. 2. often Socialist A member of a political party or group that advocates socialism. adj. 1. Of, promoting, or practicing. 2. often Socialist A member of a political party or group that advocates socialism. adj. 1.

Types of socialism include a range of economic and social systems characterised by social ownership and democratic control of the means of production and organizational self-management of enterprises as well as the political theories and movements associated with socialism.

Utopian socialism is not a hard theory to understand, but by better understanding of the informal definition, learning the history, and finally understanding how Utopian socialism works and what it is meant to do, people in the future will not have the misconceptions and make the same mistakes that have been made in the past.

ORIGINAL QUESTION: What is the true definition of socialism? As with any definition, you need to start somewhere, you need to have a baseline. The best place to start, is with Marx. Why Marx? Because the European Enlightenment of the late 1700s ha.

Definition of socialism in the Definitions.net dictionary. Meaning of socialism. What does socialism mean? Information and translations of socialism in the most comprehensive dictionary definitions resource on the web.

Socialism Questions and Answers - Discover the eNotes.com community of teachers, mentors and students just like you that can answer any question you might have on Socialism.

The history of socialism has its origins in the 1789 French Revolution and the changes which it brought, although it has precedents in earlier movements and ideas. The Communist Manifesto was written by Karl Marx and Friedrich Engels in 1848 just before the Revolutions of 1848 swept Europe, expressing what they termed scientific socialism.

This brings us to Utah man Brad Torgersen, who penned a powerful diatribe this Sunday, explaining why socialism never works. “Socialism requires an authority capable of bending the knees of the people to the will of the state,” he explained on Facebook. “There is no form of national socialism which has ever existed without very powerful governmental authority, and a police force capable.

Socialism would deal with this seemingly intractable problem of hunger in the easiest and most obvious way, the way any ordinary family deals with it, by not treating food as a commodity and simply distributing enough of it to people to ensure that everyone has enough for a healthy diet.

Demerits of socialism are based on concentration of economic power in the state, lack of incentive and initiative, loss of consumer sovereignty, loss of occupational freedom, inefficiency and low productivity, corruption and more.

I am tired of telling people why redistributive or “socialist” economic policies are wrong. But let me start from the beginning once more and come at it from a different angle—or, really, three different angles. Socialism is bad because it is condescending, inefficient, and immoral. Webster defines “ socialism ” as.