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Socialism is not a form of government. It is an economic system much like capitalism, mercantilism and feudalism.
People support the basic idea of socialism for different reasons.
For economic reasons, one might support socialism as a means to "rationalize" the economic system by eliminating the boom-and-bust cycle inherent to capitalism, to allow for full employment, efficient use of resources, and public ownership over large industries so that the profits can be distributed more evenly amongst the population.
Socialism may also be supported by those who criticize capitalism on cultural and moral grounds.
Philosophically, socialism is advocated for greater equality, individuality as defined as enabling a greater scope for self-actualization and the expansion of democratic-decision making into the economic aspects of society.
Wiki User
∙ 11y ago
Wiki User
∙ 14y agobecause they wanted stuff that they couldn't otherwise afford unless it was provisioned for them by the government. The proletarians believed that it wasn't "fair" that those that had wealth were able to afford luxuries status and own "things" that were unreachable to them.
Wiki User
∙ 11y agoBy "socialism", most developing countries actually mean national self-determination, national ownership of Natural Resources and major industries and their utilization to benefit their impoverished populations.
This goes hand-in-hand with their anti-colonial and anti-imperialist sentiment, which they see as being the cause of their underdevelopment and the foreign exploitation of natural resources. The label "socialism" is often adopted or integrated into their philosophy because Imperialism and colonialism is often associated with global "capitalism".
This policy of "economic nationalism" looks attractive to them because it gives them the power to direct the development of their own national economies without, or with minimal, foreign influence, and grants them control and ownership over their natural resources that were previously the property of foreign businesses.
In actuality, these nations are not developed enough to pioneer the development of an actual socialist economic system (a post-capitalist economy), and are even, in some cases, pre-capitalist in their economic structure, relying heavily on agrarian, semi-feudal and communal forms of organization.
paulbenn
Socialism has no government or classes or money. Just people co-operating for the common good.
Wiki User
∙ 8y agoSocialism promises a world where everyone's wants are satisfied. Whether or not this is achievable is highly debatable, but the argument is, at the very least, emotionally compelling.
Wiki User
∙ 10y agothey were on your mom
Anonymous
Wiki User
∙ 10y agoyou mom yo
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How hold socialism power?
The rise of socialism and the acquisition of power by socialist parties or movements varies across different countries and historical contexts. In some cases, socialism has been achieved through democratic means, with socialist parties winning elections and forming governments. In other cases, socialism has been established through revolution or overthrow of existing power structures.
What made hurling so popular in in other countries?
Hurling is been made popular in other countries through the migration of the Irish.
Does socialism have to do with society?
Socialism and society can be intertwined to create a 'for the people' state. The bulk of the power is left in the hands of the people instead of being completely controlled by a government or single governing body. There have been many forms of socialism in history, some with excellent results and some that have crippled countries for decades.
Why hasn't the Olympics ever been hosted in Ireland or an African country?
they haven't because these countries are still developing
What is the impact of globalization on science and technology in developing countries?
It is helping technology to grow in those countries. They are able to get the technology from other parts of the world, which would not have been possible before.
Where is Starcraft most popular?
It is most popular in south Korea where it is played as a pro sport. However Starcraft II has been becoming popular in other countries as well
What part of the constitution makes socialism illegal?
Its not illegal, there are plenty of things in this country that have been socialism for decades...like public education.
What negative impact did the United States have on developing countries following World War 2?
Spoiling underprivileged nations with coca-cola, automobiles, cigarettes, sunglasses, radios, and rock n' roll music, may have been some negative impacts on developing countries.
What socialism would later called?
Socialism has always been socialism. Today there seems to be some who use it interchangeably with communism, but this is not the case. Both are two different "isms" and approach government in two different ways.
Are socialism and Christianity compatible?
Yes. There have been and are many Christian Socialists.
Jurgis was surprised to find that the speech at the meeting had been about which of thes?
Socialism
Is Natasha a black name?
this name has been used in European countries for hundreds of years. It is especially popular in countries like Russia that happen to be predominately Caucasian.
