Socialism Flashcards
Key strands of socialism and when they came about?
- Revolutionary socialism - Essentially Marxism established through Marx and Engels in the mid 19th century
- Social democracy - Emerged just after WW2 and rejected revolutionary politics, preferring evolutionary socialism which sought to achieve its goal via existing democratic constitutional means
- Third Way - Emerged in the 1980-90s as a synthesis of neo-liberal and social democratic ideals - championed by New Lab and PM Blair
Socialism key words/concepts - Cooperation
Individuals working collectively to achieve mutual benefit in the fraternal belief that humans work best when working together for a collective goal where they can share the benefits
Socialism key words/concepts - Social justice
A moral justification to redistribute wealth so as to limited inequality and provide equality of opportunity for everyone in society
Socialism key words/concepts - Fraternity
The belief that humans should regard each other as siblings and that relationships should be accordingly based on generosity and solidarity rather than competition
Socialism key words/concepts - Keynesian economics
The economic argument that govs should stimulate economic demand in times of recession via state spending - govs should also manage the economy by using tax and interest rates to influence demand and prevent recessions
Socialism key words/concepts - Common ownership
The opposite of private ownership which exists in the free-market capitalist economy - influenced by the socialist ideal of fraternity and equality - all members of society can benefit from state ownership and participate in the running and organisation and the means of production
Socialism key words/concepts - Revisionism
This simply refers to reviewing and chainging a political theory - EG SDs revising the ideas of RVSs - to differentiate between the different types of revisionism, the term neo-revisionism is sometimes given to the Third Way who revised SD ideas
Socialism Key Thinkers - Revolutionary Socialists - Who were they and what did they believe about their theories?
- Marx and Engels
- Believed their theories were inevitable
Socialism Key Thinkers - Revolutionary Socialists - Beliefs around class struggle and the crises and recessions caused by capitalism?
- Believed that class struggle, arising from property ownership, has existed throughout history and therefore believed that the final destination of history was communism
- Believed that the crises and recessions seen under capitalism will eventually benefit only a tiny minority of the ruling class – the vast majority of individuals will form the proletariat at which point will wake up to their exploitation and achieve class consciousness
Socialism Key Thinkers - Revolutionary Socialists - Beliefs around the proletariat and the eventual outcome for the state?
- The proletariat will overthrow capitalism and a transitional phase, the dictatorship of the proletariat, will occur
- After a period of transition the state will wither away and a stateless communist society will emerge based on common ownership – this will be the peak of human achievement and the end of history
Socialism Key Thinkers - Social Democrats - Who and opinions of revolutionary socialism?
- Anthony Crosland
- Criticised the negative view of capitalist development, arguing that it did not drive social change and that ‘the evolutionary and revolutionary philosophies had proven false’
- In his opinion, the internal tensions required in Marxism were not present in post-war capitalism
- Crosland argued that ‘Marx had little or nothing to offer the contemporary socialist’
Socialism Key Thinkers - Social Democrats - How did Crosland think socialism was best served?
He argued that socialism was best served through ‘state-managed capitalism’ – Crosland favoured a mixed economy that, rather than focusing on more public ownership, focused on equality of outcome facilitated by spending more on public services
Socialism Key Thinkers - Social Democrats - Views on Keynesian economics and attempts to ensure equality?
- Keynesian economics had made state-managed capitalism a reality and society could look forward to permanent economic growth and full employment – this would allow socialists to expand the welfare state and achieve social justice
- Crosland’s most famous attempt to ensure equality was to create comprehensive schools that would cater for all abilities and break down the social segregation of grammar schools
Socialism Key Thinkers - The Third Way - Who and opinions on free-market capitalism
- Anthony Giddens
- Free-market capitalism enriches and empowers society and, alongside capitalism and individualism, is irreversible
- Socialism must harness the benefits of the free market whilst neutralising its corrosive effects upon community and fraternity
Socialism Key Thinkers - The Third Way - Views on individualism
- Accepts individualism but stresses that individuals live, work and thrive in a community of interdependence and reciprocity
- Individuals would therefore become stakeholders and have both rights and responsibilities within society