Socialism [HBBC]

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Topic by Windswept dreams AKA Noor El-Terk.

Disclaimer: I'm not a socialist. Not a communist. And definitely not a capitalist. I'm a part of the society, part of capitalism, yes, but never was pro. A mere human being, can't I be?

A few days ago I tweeted that what I got from the concept of Socialism was that it's the opposite of Capitalism (don't worry, I'm the one who got it wrong).
Out of nowhere, I got this reply:

Then I came across this: "Capitalism and communism stand at opposite poles. Their essential difference is this: The communist, seeing the rich man and his fine home, says: 'No man should have so much.' The capitalist, seeing the same thing, says: 'All men should have as much.' "Phelps Adams

So, I asked the person to explain more, I got this:

And finally, a nice definition of Capitalism:

I've been roaming all week long between websites about Capitalism, Communism and Socialism. To be honest, I'm all against any political or economical system, but unfortunately I have to know about anything, even bullshit systems.
So here we go:
  • Capitalism: is generally defined as the economic system where the means of production are privately owned, operated for profit from investment, and in competitive markets.
  • Communism: is a social, political and economic movement that aims at the establishment of a classless and stateless communist society structured upon common ownership of the means of production.
  • Socialism: is an economic system in which the means of production are commonly owned and controlled cooperatively; or a political philosophy advocating such a system.
What makes the capitalist is the economic relationship between the people who work and the people who own the workplaces. Under capitalism those are two different groups. Under socialism they are one and the same.
We all know that Capitalist systems are the enslavement systems, which is why it's the dominating system globally.

Socialism, however, according to Karl Marx and Friedrich Engels: believed the consciousness of those who earn a wage or salary (the "working class" in the broadest Marxist sense) would be molded by their "conditions" of "wage-slavery", leading to a tendency to seek their freedom or "emancipation" by throwing off the capitalist ownership of society. Conditions determine consciousness and ending the role of the capitalist class leads eventually to a classless society in which the state would wither away.

Now I'm more confused than ever. I'll just go read the other perspectives!


Nothing-but-ordinary | October 30, 2011 at 12:34 AM

Gotta follow that Socialist Agenda! :D

See, what Karl Marx did was expose the many disadvantages of capitalism and how people should overthrow the capitalist ownership of society rather than explaining how to achieve economic justice (aka socialism)! -_-

Meh. I hate classifications. God bless you! :D

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