Different strands of socialism Flashcards
3 strands of socialism
- Revolutionary socialism
- Social Democracy
- Third Way
What do Revolutionary socialists believe about the implementation of socialism
Socialism can only be brought by overthrowing existing political and societal structures
What is revolutionary socialists view on capitalism
Any attempt to ‘humanise’ capitalism would completely undermine principles and objectives of socialism
-Capitalism is based on inequality and exploitation
What do Marxists believe about social class
Conflict is inevitable between the owners of productive wealth and those who have to sell their labour to survive (the proletariat).
Social Democrats ideas on social class
State intervention to narrow (not remove) class distinctions. Welfare and redistribution schemes to reduce class inequalities
What does Social democracy intend to do
Reconcile free-market capitalism with state intervention
What are the 3 assumptions that Social democratic socialists have
- State intervention in the economy and society can protect the public and remedy capitalist weaknesses
- Peaceful and constitutional methods should be used to bring about social change
- The way capitalism distributes wealth prodeuces inequality and poverty
What do democratic socialists believe about Marxists
-capitalism not a brutally exploitative system and could be reformed peacefully through electoral politics
What do democratic socialists advocate for (3)
- state ownership of key industries
- legal safeguards
- welfare measures to protect workers
What do democratic socialists argue
-Capitalism is not a brutally exploitative system and could be reformed peacefully through electoral politics
What programme do Social Democrats endorse (3)
- Support for a mixed economy, both state and privately owned enterprises with only key strategic industries nationalised
- Keynesian economics
- welfare state
Why do social democrats emphasise social justice rather than common ownership
-Stress the redistributive role of the welfare state funded by progressive taxation.
What key features characterise Third-way thinking (5)
- Primacy of the market over the state
- Value of community and moral responsibility
- Social model based on consensus and harmony
- Social inclusion
- A competition or market state
What does primacy of the market over the state mean?
- Rejects ‘top down’ state intervention
- Endorse a dynamic market economy and an enterprise culture to maximise wealth creation
- Downplay socialist policy of redistributing wealth through progressive taxation
How does Third Way uphold the value of community and moral responsibility
–Attempts to resolve inequalities by linking communitarian and liberal ideas
- Personal autonomy operates within a communal context based on mutual dependence and benefit, balancing rights and responsibilities
- Initiatives such as welfare