The Economy Flashcards
What does socialist say bout the economy ?
Economy is key
For socialist say economy is key what ideas are these going back to ?
Economy determinism
What is economic determinism for the economy ?
Where you stand in the economic world place is going to define where you will end up in life
There should be what of the economy ?
State planning
What will state planning of the economy ensure ?
To make sure everone will benifit
What do socialist argue there should be ?
Common ownership and extensive public services
Why is common ownership and extensive public services good ?
To better everyone and equality of outcome
What does socialist want the removal of for the economy?
Removal of capitalism
What will removal of capitalism give more of for socialism ?
For more revolutionary elements of socialism
What will the economy promote a redistribution for socialism ?
Redistribution of wealth
Overall what will happen to the economy For socialism ?
Will be stable and meet needs of all
What will workers strive for overall for the economy for socialism ?
Workers will strive for the common good
What did Marx, Engels and Luxembourg say was opposed to socialism core ideas ?
Free market and private property
Why did Marx, Engels and Luxembourg want Revolution for the state ?
Revolution for a modelling of the economy
What did democratic socialist say about the economy ?
Socialist economy will be achieved through reform
