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Socialism means very different things depending on who you ask.

Socialism itself, in its very basics, is an economic theory in which people have a more even spread of money between all of a nation's citizens than what one generally has in a capitalism. It's supposed to be a transitional period between capitalism and communism in Karl Marx's theory of societal progression, where people are not necessarily equal yet in what they have, but they have equal opportunity and can get help from the wealthy when they are poor because they are down on their luck.

It's hard to delve too far into the topic without being one-sided. There are good things and bad things about every economic theory--capitalism, socialism, communism, even mercantilism--but descriptions of each tend to float towards making one sound much better than another.

In the United States of America, when people, usually people who identify with the conservative or Republican ideologies, talk about socialism, they often mean when the central government decides to use their tax income from the citizens to support welfare projects which help the poor get back on their feet. People who support this use of taxpayer money say that it is more fair; people who are against this use of taxpayer money say that often poor people are lazy or will become lazy if they know that they will be supported by the government when they do not work.

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Q: What does one mean by socialism?
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Related questions

What is solcialism?

Did you mean socialism ?


What did Karl Marx mean by socialism?

Nothing, he meant NOTHING!


What does nazi mean in German?

Nationalsozialismus Translated: National Socialism


What is the role of government under socialism and communism?

If you mean who has the power, in communism there is a dictator, and in socialism it is a representative democracy, just like in most countries.


Most one-party systems are associated with?

socialism


How was socialism implemented in Russia?

one of the forms on the gov't


What is one of the goals of the equal distribution of wealth?

Socialism


Most one-party systems are associated with .?

socialism


The economic policy of socialism?

There is no one economic policy for socialism, different socialist movements and parties have different platforms and policies.


What conflicts might arise between sorters of capitalism and socialism?

what do you mean by sorters


Why socialism book written by?

socialism


What one is more powerful communism socialism or capitalism?

It depends what you mean by "most powerful". If you mean "most advanced", Communism was the most advanced stage of society posited by Karl Marx and Engels. The progression was from Feudalism to Capitalism to Socialism to Communism. If by powerful you mean the most influential paradigm and ideology today, it would be capitalism in its neoliberal flavor.


One form of marxist socialism was eventually called?

Communism


How does socialism differs from capitalism?

One is corrupt because of the idea (socialism). The other is corrupt because the government tries to stick their fingers into everything


The African form of socialism was based on what?

There was no African form of Socialism.


Which came first socialism or communism?

Socialism.


Did Karl Marx support socialism?

He developed a form of socialism which was sometimes called "scientific socialism".


Why is socialism important in one country?

because it is silly like your mum


Reasons for Germany's economic downfall?

There is exactly one reason: socialism.


Which is a not seen as one of the main causes of world war 1?

Socialism


What does crypto socialism m ean?

fake socialism.


Was communism or socialism first?

It was from Socialism that Communism was born.


Did Plato teach socialism?

No, Plato did not teach socialism.


Which socialism did Karl Marx subscribe to?

Scientific socialism.


What rhymes with socialism?

There are no perfect rhymes for the word socialism.