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Institutions and Social Structures

Socialism

Economic Institutions

Socialism is an economic ideology and political philosophy encompassing diverse economic and social systems characterised by social ownership of the means of production, as opposed to private ownership; it describes the economic, political and social theories and movements associated with implementing such systems. Social ownership can take various forms, including public, community, collective, cooperative or employee ownership, and as one of the main ideologies on the political spectrum socialism is the standard left-wing ideology in most countries, with its own types varying by the role of markets and planning in resource allocation and by the structure of management in organizations. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/

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Studied By

Source Axel Honneth (Wikipedia)
Source G. A. Cohen (Wikipedia)
Source Hal Draper (Wikipedia)
Source Paul Cockshott (Wikipedia)
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Source New World Encyclopedia: SocialismArticle text
Quote, Article text
Socialism developed as a political ideology in the nineteenth century as a reaction to industrial injustice, labor exploitation, and unemployment in Europe.
Sources
Socialism (Wikipedia)
Wikimedia FoundationLead section
Quote, Lead section
Socialism is an economic ideology and political philosophy encompassing diverse economic and social systems characterised by social ownership of the means of production, as opposed to private ownership.
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Axel Honneth (Wikipedia)
Wikimedia FoundationStudied By: Axel Honneth, Article text
Quote, Studied By: Axel Honneth, Article text
In The Idea of Socialism, Honneth calls for a revision of socialist theory in order to make it relevant for the 21st century, based on a criticism of the socialist theory of historical materialism, ignorance of political rights and social differentiation in modern societies, and overemphasis on the working class as a revolutionary subject.
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Hal Draper (Wikipedia)
Studied By: Hal Draper, Article text
Quote, Studied By: Hal Draper, Article text
He is known for his extensive scholarship on the history and meaning of the thought of Karl Marx and Marxian socialism.
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G. A. Cohen (Wikipedia)
Studied By: G. A. Cohen, Article text
Quote, Studied By: G. A. Cohen, Article text
In History, Labour, and Freedom and Self-Ownership, Freedom, and Equality, Cohen offers an extensive moral argument in favour of socialism, contrasting his views with those of John Rawls and Robert Nozick by articulating an extensive critique of the Lockean principle of self-ownership as well as the use of that principle to defend right as well as left-libertarianism.
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Paul Cockshott (Wikipedia)
Studied By: Paul Cockshott, Article text
Quote, Studied By: Paul Cockshott, Article text
He proposes a moneyless socialist economy, akin to Karl Marx's description of a socialist society in Critique of the Gotha Programme, realized by today's computer technology:
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