Unit 2: Socialism Flashcards
define fundamentalist socialism
Socialism is at odds with private ownership and capitalism
define revisionist socialism
Socialism can be achieved alongside private property and capitalism
What do Classical Marxists believe and who were their key figures?
Capitalism must disappear via revolution, a new economy and state is needed
Marx and Engels
What do Marxist-Leninists believe and who were their key figures?
Revolution (but inactive once a country has a developed economy), aim to achieve a dictatorship of proletariat
Rosa Luxemburg
What do Democratic Socialists believe and who were their key figures?
Reject revolution, governments slowly move towards common ownership
Beatrice Webb, Tony Benn, Labour Party
What do Euro-Communists believe and who were their key figures?
Moved away from Soviet Communism and believed gradual legislation could destroy capitalism, capital state will wither away
Gramaci
What do Neo-Marxists believe and who were their key figures?
Culture is most important thing, revolution needed as existing state would protect the ruling class
Follow Rosa Luxemburg, Herbert Marcuse
What do Classical Revisionists believe and who were their key figures?
Condition of working class improving via capitalism, widening franchise means socialist governments will come
Eduard Bernstein
What do Social Democrats believe and who were their key figures?
By reforming capitalism (Keynesian economics) there will be full employment and greater equality
Anthony Crosland, Henry Hyndham
What does the Third Way believe and who were their key figures?
Increase in privatisation and deregulation to boost growth and allow spending to rise; governments focus on political and cultural equality as globalisation means they are less influential economically
Anthony Giddens
How are all strands of socialism similar? (4)
Advocate for poor, need change to capitalism, human nature is malleable, state is key in promoting socialist values
How are revolutionary and evolutionary socialism different?
Revolution say shock needed but evolution say gradual is enough
What is a difference between Webb and Marx’s view?
Webb likes democracy Marx doesn’t
Name 4 ways socialism is seen in the present/recent day
2008 Financial Crash led to Gordon Brown increasing regulation and orivate ownership
Problems in Eurozone led to doubts about managed capitalism
French Socialist oarty came to power in 2012
Jeremy Corbyn
Name 3 ways socialism is less significant in recent times
Labour formally renounced common ownership
Corbyn failed to be elected
Francis Fukayama said liberalism would be the end of history