Socialism Flashcards
Social class
A group of people in society who have the same socio-economic status
Collectivism
Prioritising a group over each individual in it
Of greater practical value to the economy and moral value to society
Socialist view of human nature
Positive
Naturally cooperative, generous and unselfish, and thus seek solidarity and fraternity
Malleable, shaped by events and experiences
Socialist view of the state
Want a strong state in the short term, which is needed to bring about a fairer and more equal society
Advocate a state where political and economic power has been redistributed, and where decision-making reflects the principle of equality
Socialist view of society
Individuals are the product of the society into which they were born
Improvement in society = improvement in individuals
An individual’s future is shaped by the social class they are born into
Equality of opportunity results from equality of outcome
Seek a narrowing of the gap between social classes, not just an improvement of the condition of the poor
Equality of outcome needed to realise the objectives of liberalism / Enlightenment, such as self-determination and foundational equality
Social interaction is essential to the human condition, thus address the needs of the group before the individual
Socialist view of the economy
Determines social class, underpinning inequality in society
An economy based on private property and capitalism, which encourage egotism and self-interest, threatens the cooperative nature of humans
Promote an economy that provides for greater workers’ control in employment and a redistribution of wealth and resources
Low taxation and and minimal state interference in the economy exacerbates unfairness and social injustice
Demand greater collectivism (focus on the needs of society as a whole)
Forms of economic collectivism
Progressive taxation
Progressive public spending
Extensive public services
Extensive state regulation of capitalism
Common ownership
Expressions of a more fraternal and cooperative society with greater social justice
Make the economy more efficient - more stable and manageable
Fundamentalist socialism
Holds that socialist values are fundamentally incompatible with capitalism
Dialectic
The clash of ideas and perceptions that will inevitably take place within each stage of history, leading to the disappearance of existing society
Historical materialism
The view that each stage of history was defined by a clash of economic ideas, relating to how society’s resources should be produced and distributed
Class consciousness
Would eventually be the engine of revolution and capitalism’s destruction
Democratic centralism
One party making decisions on behalf of the people
Evolutionary socialism
A rejection of revolutionary politics, instead believing that socialism can be achieved gradually through the existing system
Revisionist socialism
The belief that socialism can be achieved without the destruction of capitalism
Keynesian economics
Involves the state managing market forces so as to ensure steady growth and full employment
Types of socialism
Fundamentalist socialism (believe that capitalism must be abolished) Revisionist socialism (socialism can be achieved without the abolishment of capitalism)