Socialism - Key Principles Flashcards
What is Socialism?
The ideology of socialism’s distinctive feature is its opposition to capitalism; socialism seeks to provide a humane alternative to society founded on collectivism, cooperation and social equality
It is idealistic and optimistic of human nature and society
- Derives from Latin word ‘sociare’ -
To combine / To share
- By 1830s, followers of Robert Owen in UK and Saint-Simon in France referred to their beliefs as socialism
- Opposition to capitalism
- Humans = social - Groups, communities
- Cooperation, not competition
- Equality - Provides stability, freedom
What is Capitalism?
An economic and political system in which a country’s trade and industry are controlled privately by owners for profit rather than being state-owned.
What is Communism?
A theory or system of social organization in which all property is communally owned and each person contributes and receives according to their ability and needs.
What is nationalism?
Nationalisation - becomes state owned
What is collectivism?
One of the most important ideas underpinning socialist ideology
It informs other socialist values and principles including equality, welfare and common ownership
What is a fraternity?
A group of people sharing a common interest or profession; a support system in society.
What is common humanity?
Socialists see humans as social creatures with a tendency to co-operation, sociability and rationality
Humans naturally prefer to cooperate with rather than compete against each other
What is equality?
The pursuit of social equality or equality of outcome is, arguably the fundamental value of socialism
Socialists argue that this form of equality can be justified in several ways
What is common ownership?
refers to holding the assets of an organisation, enterprise or community indivisibly rather than being held in the names of individuals. It exists in every economic system
What is social class?
A division of society based on social and economic status
For socialists, the existence of social classes explains the most important divides in society
What is Marxism?
The bourgeoisie owns the modes of production, and they exploited means of production, the proletariat
Abolishment of capitalism, establishment of a society in which the modes of production are communally owned
Worker control - the complete or partial ownership of an enterprise by those employed there
It can also be used in a wider sense to mean workers control of the state
Socialism
Socialism is a left-wing political ideology that promotes collective social responsibility for others in society and the belief that we should invest more into society and be less selfish with our resources in order to aid those lower in society towards social class equality. Dislikes the constructs of class and the inequality promoted by capitalism. Social justice is the aim of socialism, in providing equal opportunity across a society.
Socialism v Communism
- Both exist to limit exploitation and eliminate capitalism
- Marx - capitalism is not a sustainable option; it produces massive amounts of wealth and is a good system, but it is not good for the workers, and capitalism would eat itself (religion is the opium of the people, and capitalism uses the same premise to help keep the workers working) - organic change in which a revolution would just happen
- Socialism is the next logical step after capitalism and the precursor of communism
- Socialism - contribution to greater good and they all equally benefit
- Communism - classless, moneyless and stateless society where people simply takes what they need
Strands of socialism:
- They disagree with the means of achieving change - radical / revolution socialists need revolution vs gradual reform of capitalism through the ballot box (evolutionary)
- They disagree about the ends - socialist society should be complete equality for radicals v narrowing of inequalities through welfare for evolutionaries
Key Principle 1) Common Humanity
- Socialists have an upbeat and optimistic view of human nature - the individual is naturally
cooperative, generous and altruistic - Rather than seeking autonomy, independence and supermacy like Liberals suggest, human
beings naturally want solidarity, fraternity and comradeship - However, out true nature has been diluted by time and circumstance, and so they are more
optimistic about how it could be, not about how it is like Liberals say - Socialism, unlike liberalism, sees human nature as malleable rather than permanently fixed
at birth - it can be adjusted, allowing men and women to fulfil their true, fraternal potential while
contributing to a more cooperative community
Key Principle 2) Collectivism
- Indiviuals are the product of the society into which they were born, unlike Liberals who see society as a sum of individuals
- Society is an independent construct, formed by impersonal forces and shapes those inside
- Engels and Marx - primarily economic forces with means of production
- The individual depends on the society’s nature, and society is why individuals do not reach their potential - if society improves, so do the individuals