Socialism Flashcards

1
Q

Fraternity

A

The bonds of comradeship between
human beings

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2
Q

Cooperation

A

Working collectively to achieve
mutual benefits

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3
Q

Capitalism

A

Goods are produced for profit and
wealth is privately owned.

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4
Q

Common ownership

A

All are able to benefit from the
wealth of society and to participate
in its running.

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5
Q

Communism

A

communal organisation of social
existence

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6
Q

Collectivism

A

Bringing together for the purpose of
common ownership

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7
Q

Evolutionary socialism

A

A parliamentary route to communism

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8
Q

Marxism

A

it is inevitable that capitalism will
be replaced by communism

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9
Q

Revisionism

A

socialism that involves a less radical
view of capitalism and a reformed
view of socialism

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10
Q

Social justice

A

Redistribution of wealth to limit inequality

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11
Q

Class consciousness

A

Understanding of social class, how it
defines you and the struggle in history

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12
Q

Historical materialism

A

Economics defines society, law and culture

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13
Q

Dialectic

A

Two opposing sides – proletariat
and bourgeoisie

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14
Q

Keynesian Economics

A

The market should be regulated to prevent turbulence

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15
Q

The Third Way

A

A merging of capitalism and socialism

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16
Q

Marx and Engels - State

A

The executive of the modern state is but a committee for managing the common affairs of the whole bourgeoisie

The state is nothing but a machine for the oppression of one class by another

17
Q

Rosa Luxemburg - state

A

The state is not a neutral institution, but is always allied with the dominant economic class.

18
Q

Luxemburg - economy

A

The capitalist economy is inherently unstable, and crises are an inevitable part of its functioning

19
Q

Luxemburg - society

A

Socialism means the exploitation of the capitalist system, with its exploitation of labour and the accumulation of wealth in the hands of a small minority

20
Q

Webb - state

A

The state has a duty to provide for the basic needs of the population, such as food, shelter and medical care

21
Q

Webb - economy

A

The economy must be planned and managed in a way that ensures social justice and economic efficiency

22
Q

Webb - society

A

Socialism means the end of the class system and the creation of a society in which all individuals have the opportunity to develop their full potential

23
Q

Crosland - economy

A

The purpose of socialism is to increase the general welfare of the population and not to merely expropriate the rich

24
Q

Crosland - society

A

A socialist society would place much greater emphasis on collective provision for basic human needs, such as health care, housing, education and social security

25
Q

Giddens - economy

A

Socialism is not about taking over the economy, but about the creation of a new kind of economy, in which economic activity is guided by collective interests.

The state has a role in regulating the market, but it cannot substitute for market mechanism in allocating resources

26
Q

Marx and Engels - human nature

A

Human nature has become contaminated by capitalism, driving them to become selfish and competitive

Capitalism causes false consciousness even amongst workers, who believe the system is the only viable one and serves them best.

Altruism and cooper

27
Q

Marx and Engels - human nature

A

Human nature has become contaminated by capitalism, driving them to become selfish and competitive

Capitalism causes false consciousness even amongst workers, who believe the system is the only viable one and serves them best.

28
Q

Luxemburg - human nature

A

Human nature is not as corrupted by capitalism as Marx and Engels suggest, altruism and cooperation is still evident in the working class

29
Q

Webb - human nature

A

The damage to human nature caused by capitalism will only be made worse by revolution and what comes with it.

30
Q

Crosland - human nature

A

Humans have a powerful sense of fairness, which is why eventually people will resolve the huge inequalities of outcome