Core Ideas Flashcards
What is fraternity?
The bonds of comradeship between human beings.
What is Co-operation?
Working collectively to achieve mutual benefits.
What is Capitalism?
An economic system, organised by the market, where goods are produced for profit and wealth is privately owned.
What is Common Ownership?
Is the common ownership of the means of production so that all are able to benefit from the wealth of society and to participate in its running
What is Communism?
he communal organisation of social existence based on the common ownership of wealth
What is Evolutionary Socialism?
A parliamentary route, which would deliver a long-term, radical transformation in a gradual, piecemeal way through legal and peaceful means, via the state.
What is Revisionism?
redefine socialism involving a less critical view of capitalism and reformed view of socialism
What is Social Justice?
A distribution of wealth that is morally justifiable and implies a desire to limit inequality.
What is Class Consciousness?
The self-understanding of social class that is a historical phenomenon, created out of collective struggle.
What is Historical Materialism?
Marxist theory that the economic base (the economic system) forms the superstructure (culture, politics, law, ideology, religion, art and social consciousness).
What is Dialectic?
A process of development that occurs through the conflict between two opposing forces. In Marxism, class conflict creates internal contradictions within society, which drives historical change.
What are Keynsian Economics?
Government intervention – can stabilise the economy and aims to deliver full employment and price stability.
