![]() ![]() Since two hundred years, socialism has established the principal oppositional force within capitalist societies, and has pronounced the interests of oppressed and disadvantaged peoples in many parts of the world. The birth of socialist ideas was closely associated to the development of a new but growing class of industrial workers, who suffered the poverty and deprivation that are so often a feature of early industrialisation. It is elucidated in numerous studies that socialism evolved as a reaction against the social and economic conditions produced in Europe by the growth of industrial capitalism. The objective of socialism is to lessen or abolish class divisions. The socialist movement has conventionally articulated the interests of the industrial working class, seen as systematically troubled or structurally disadvantaged within the capitalist system. Socialists consider that a measure of social equality is the essential assurance of social stability and cohesion, and that it supports freedom in the sense that it gratifies material needs and helps for personal development. The defining, value of socialism is equality, socialism sometimes being portrayed as a form of egalitarianism. Socialists choose cooperation to competition, and favour collectivism over individualism. ![]() From this viewpoint, "socialist are those who seek to establish a society of common ownership, democratic control and production for use, not profit" (Coleman 1990). This is to ensure that the class that produces the wealth of society collectively decides how it will be used for the benefit of all. Therefore, one can consider socialism or a socialist economy as an economy where the workers own the means of production. The elementary idea of socialism originates from working man association and their mission to ensure equality among all employees and all the people in a society. Fundamentally, socialism favours the collective ownership of means of production. This emphasizes the degree to which individual identity is shaped by social interaction and the membership of social groups and collective bodies. Popular poet John Donne stated that "No man is an Island entire of itself every man is a piece of the Continent, a part of the main". The central concept of socialism is a visualization of human beings as social beings united by their common humanity. Boyle has noted that all socialist of all schools, are agreed, as an abstract proposition, "the collective ownership and control of the means of production, distribution and exchange, which can be operated "socially" for the equitable good of all" (1912). However, there is a conjunction on socialism as an ideology which supports collective and as an economic/social system that seeks the freedom of the oppressed in an unequal society. Socialism has been theorised from the standpoint of an economic system, a philosophy, or even a type of society. ![]() Socialism is an ideology that has a range of economic and social systems characterised by social proprietorship and democratic control of the means of production as well as the political beliefs, theories, and movements that aim at their formation. Home » Subject » Political Science » Notes » Ideology of Socialism Ideology ![]()
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