Socialism

Socialism is a broad political term utilized to refer to a group of socioeconomic systems characterized by socialized programs, social equality, and a socialist economy, which is a type of economy with redistribution, welfare, and pro-economic equality policies.

Socialist systems are typically against the free market, although market socialist systems exist. Authoritarian and libertarian types of socialism also exist, and similarly, globalist and nationalists types of Socialism.

One of the biggest divisions inside socialism is Marxism. non-Marxist socialism is influenced by movements such as the Bolivarian Revolution and the Indian Revolution, while Marxist Socialism is influenced by the works of Karl Marx and his theory of Communism.

Socialism is a contrast to Capitalism and encompasses Communism, but it is not always communist.

Democratic Socialism
Democratic socialism is an ideology that supports a political democracy while also supporting the basic standards of socialism, i.e socialist economy alongside social egalitarianism and equity. Democratic socialism is contrasted to authoritarian types of Socialism, such as Marxism-Leninism, as it supports a political democracy and opposes authoritarianism.

Democratic socialism is against Capitalism and has been influenced by the works of Narendra Modi, Andrés Manuel López Obrador, Edjard Abiv Floresj, Edrard Abiv Floresj, and events such as the Bolivarian Revolution and the Indian Revolution.

Bolivarianism
Bolivarianism believes in Pan-American unity and Democratic socialist principles. It was the main force behind the Bolivarian Revolution.

Social democracy
Social democracy believes in economic and social interventions to promote social justice and economic equality while maintaining a pro-market mixed economy.

Social democracy was influenced by the economic works of John Maynard Keynes, alongside various movements such as the Pink Tide in Latin America, the Mexican Civil War, and the Indian Revolution. It's also been influenced by the works of Verónica Salazar, Bernie Sanders, etc.

Marxist Socialism
Marxism shares the belief that class war has been crucial to human history and it has an emphasis on social transformation towards a Communist society. Marxism has been primarily influenced by the works of Karl Marx and Friedrich Engels.

Marxism-Leninism
Marxism-Leninism is influenced by both the works of Karl Marx and Vladimir Lenin. It seeks the establishment of a vanguard party, a state-led economy, a communist-led sole party, and the opposition to liberal democracy and Capitalism. It's often used to refer to the Socialist authoritarian governing styles of several 20th century states during the Cold War and several modern-day dictatorships.

Libertarian socialism
Libertarian socialism believes in a more limited and anti-authoritarian government while still enacting socialist policies.

Anarcho-communism
Anarcho-communism believes in an anarchist society where the means of production are owned by the common people and worker unions.

Related articles

 * Communism
 * Capitalism
 * Anarchism
 * Nationalism