Socialism Flashcards
Fraternity
The bonds of comradeship between human beings.
Co-operation
Working collectively to achieve mutual benefits
Capitalism
An economic system, organised by the market, where goods are produced for profit and wealth is privately owned.
Common Ownership
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.
Communism
The communal organisation of social existence based on the common ownership of wealth.
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.
Marxism
An ideological system, within socialism, that drew on the writings of Marx and Engels and has at its core a philosophy of history that explains why it is inevitable that capitalism will be replaced by communism.
Revisionism
A move to re-define socialism that involved a less radical view of capitalism and a reformed view of socialism.
Social Justice
A distribution of wealth that is morally justifiable and implies a desire to limit inequality.
Class Consciousness
The self-understanding of social class that is a historical phenomenon, created out of collective struggle.
Historical Materialism
Marxist theory that the economic base forms the superstructure.
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.
Keynesian Economics
Government intervention - can stabilise the economy and aims to deliver full employment and price stability.
Who are the 5 socialist key thinkers?
- Karl Marx & Friedrich Engles
- Rosa Luxemburg
- Beatrice Webb
- Anthony Crosland
- Anthony Giddens
Collectivism
The belief that collective human endeavour is of greater practical and moral value than individual self-striving.
How is collectivism linked to the socialist view of human nature?
Socialists believe that humans prefer to work together rather than independently and humans will work far more effectively within groups than by their individual actions.
Explain what is meant by the belief that human nature is malleable?
Human nature is not fixed but is shaped by an individual’s environment. It is shaped by the experiences and circumstances of social life. They favour ‘nurture’ not ‘nature’.
What is the moral case for an emphasis on common humanity?
Fraternity: humans regarding each-other as siblings rather than rivals. Relationships are not based on competition or enmity but or generosity and solidarity.
What is the practical case for common humanity?
Co-operation: individuals working collectively to achieve mutual benefit, within the fraternal belief that humans performs best when working together.
Equality of opportunity
Individuals are entitled to equal chances to make the best of their abilities. Positive steps should be taken to eliminate artificial barriers to the progress of individual groups.
Equality of outcome
This proposes that economics should be distributed to the value of an individual’s contribution - meaning people earn roughly the same.
Absolute equality
This suggests that all individuals should receive the same rewards as long as the contributions they make to society are made to the best of their ability. Everybody has the same share in production.
Equality of welfare
This aspects of equality perceives society as inevitably unequal but argues that everyone should be entitled to an equal minimum standard of living, enabled by the provisions of state welfare.
How would revolutionary socialists bring about equality? (Means)
By overthrowing capitalism - proletariat becomes class consciousness and overthrow the bourgeoisie to establish communism.