socialism Flashcards
(17 cards)
Collectivism
The belief that collective human effort is morally and economically superior to individualism.
Common Ownership
Key to achieving equality; resources should be owned by the community or state, not individuals.
Equality
Central goal of socialism; economic and social equality are necessary for justice and fairness.
Class Conflict
History is shaped by conflict between economic classes; socialism aims to resolve it.
Social Justice
Fairness in distribution of wealth, opportunities, and privileges within society.
Fraternity
The idea of a shared humanity and co-operation rather than competition.
Workers’ Control
The idea that workers should have control over the means of production and their workplace.
Capitalism
Seen as exploitative and responsible for inequality; socialists aim to reform or replace it.
The State
Can be used to deliver socialism, though views on its role vary among branches.
Revolutionary Socialism
Believes capitalism must be overthrown through revolution, not reform (e.g., Marxism, Communism).
Social Democracy
Aims to reform capitalism through democratic means and state welfare; supports a mixed economy.
Third Way (Revisionist)
Combines market economy with social justice; focuses on equality of opportunity, not outcome.
Karl Marx & Friedrich Engels –
Revolutionary Socialists: Argued that capitalism inevitably leads to class conflict and must be abolished through revolution.
Beatrice Webb –
Believed in gradual, bureaucratic reform to bring about socialism through democratic means.
Anthony Crosland –
Social Democrat: Argued that capitalism had evolved and could be managed with welfare and redistribution for equality.
Anthony Giddens –
Third Way / Revisionist: Proposed reconciling social justice with a dynamic capitalist economy, stressing equality of opportunity over outcome.
Rosa Luxemburg –
Classical and fundamentalist socialist; rejected evolutionary socialism, advocated spontaneous mass revolution, defended democratic freedom, and opposed authoritarian Leninism.