Socialism Flashcards
What is socialism?
An ideology that believes resources should be controlled by the public for the benefit of everyone in society, rather than by private interests for the benefit of private owners and investors.
What does socialism value?
Economic equality.
What are key components of socialism?
Income security for all citizens, guaranteed employment, and guaranteed living standards.
What does socialism promote over competition?
Co-operation.
How was the 19th century industrialization wealth boom perceived?
It was seen as great, but the fair and just distribution of that wealth to everyone, especially the workers, was not.
When did socialism start to emerge?
In the 19th century with political, social, and economic reform.
What is a rejection of the lack of equality in humanitarianism?
It is a response to social injustices resulting from class struggles.
What are some forms of Socialism?
Utopian Socialism and Marxism are notable forms.
What is Utopian Socialism?
A concept introduced by Sir Thomas More in 1516, envisioning an ideal society.
What does ‘class welfare’ refer to?
It emerged as an opposition to capitalism, focusing on improving the lives of the proletariat.
What is the role of humanitarians in social change?
They believe in trying to improve the lives of others and reduce suffering.
What is the significance of revolution according to Marx?
Revolution is necessary for significant societal changes.
What are the characteristics of Marx’s view on society?
It is idealistic, economic, and pragmatic, emphasizing practical considerations.
What does Marx say about the means of production?
All means of production should be in the hands of workers.
What is the evolution of society according to Marx?
Capitalism arises from feudalism, leading to violent conflict between the proletariat and the bourgeoisie.
