Socialism definitions

Question 1

Fraternity

Answer 1

A social organisation where members share common goals

Question 2

Cooperation

Answer 2

The act of working together for a collective goal or purpose

Question 3

Social class

Answer 3

A division ofsociety based on economic status, education and occupation, oftenn determining individual’s access to resources and opportunities

Question 4

Social justice

Answer 4

The concept of fairness and equality in society, where all individuals have equal access to opportunities, rights, and resources regardless of factors lilke race or gender - this seeks to rectify social injustice

Question 5

Equality of outcome and of opportunity

Answer 5

All individuals should have the same chance to succeed and access resources, regardless of background

Question 6

Common ownership

Answer 6

A system where resources, property or enterprise are owned collectivley by a community, or group raher than by individuals or priavte enterprise

Question 7

Collectivism

Answer 7

A political or social system in which the collective group’s interests and goals are prioritised over individual interest

Question 8

Redistribution of wealth

Answer 8

The process of reallocating income and resources from wealthier individuals or groups to those with less, often through policies such as taxation and social welfare programs

Question 9

Fundamentalists

Answer 9

Believe that socialism is fundamentally incompatible with capitalism and such, it must be removed

Question 10

Revisionists

Answer 10

Believe that socialist values can be achieved alongside capitalism and that the two can co-exist

Question 11

Revolutionary socialism

Answer 11

This sought to abolish the capitalist state, society and economy and to replace them with communism, i.e a system where humans work together with an economy based on common ownership

Question 12

Revisionist socialism

Answer 12

Socialism can be achieved without destorying capitalism - they therefore revise Marx’s view, do not agree that a rev is neccessary

Question 13

Social Democracy

Answer 13

Disagrees with 2 other strands and believes that capitalism should be be reformed, not replaved, in order to achieve socialist goals such as equality of opportunity and social justice

Question 14

The Third Way

Answer 14

A synthesis of the social democracy of Crosland and the neop-liberalism of Nozik - a neo-revisionism of social democracy as it proposed free market over state planning, embracing competitive state, more community, moral responsibilty and social inclusion and equality of opportunity over other forms of equality