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What is definition of market socialism?
market socialism is a term used to denote two different economic system based in socialism which operate according tomarket priniciples.
What is bureaucratic socialism?
Bureaucratic socialism (also known as "state socialism") is a form of social organization in which ownership and control of the means of production (such as farms and factories) are vested in the state.
What are the demerits of socialism?
Money doesnt buy anything...quality of products is gone. Disagree? Look at history. Socialism has failed time and time again.
Which characteristic differentiates socialism from capitalism?
Socialism has a much higher level of government control and regulation than capitalism does.
What rights do people have in socialism government?
Socialism= big government. With too much government, your rights aren't protected. It's risky to live under socialism because socialist governments believe they're entitled to your work and your property.
Who answers the three basic economic questions for market socialism?
Market Socialism cannot exist, so the question here is meaningless. Socialism means a classless stateless society based on production for use, with no wages or prices or money.
Why do people like socialism better?
Most people are attached to socialism because it promises equal distribution of the wealth in a society. An example of socialism is welfare. Money is taken from people who can afford to lose the money and then given to those who are in need of the money. Socialism is usually praised by those from a low class household, and despised by those of middle to upper class societies. Creating the idea and enforcing the idea that all men are created equal and that no one man is better than the other.
What counties practice socialism?
Generally, countries with people practice socialism. However there are countries with people who do not practice socialism. A country without people will never practice socialism as there is no social aspect.
Why is Fascism a more dangerous form of government than socialism?
Fascism implies dictatorship, racism and oppression. In contrast, Socialism has no government, as it has no rulers or bosses or classes or money.
How does socialism work?
Socialism is an economic theory in which he means of production, distribution, and exchange are owned by an entire community rather than an individual. This system distributes goods and money throughout the community.
A simple definative answer as to what socialism is?
Socialism is a classless stateless society based on production for use and democratic control. No rulers, not money, no billionaires, no poverty, no armies, no borders. Just people working together for the common good.
How is socialism similar to capitalism?
Both are modes of production, but other than that they have nothing in common. Socialism has no classes, no money, no wages system, production form use, no government.
