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Socialism--this is the dictionary definition of socialism. Particularly relevant right now, since it is the path we in the US are blindly blundering down as we nationalize banks and buy 60% interest in automakers using taxpayer money, but without the permission of the taxpayers or the administration even bothering to ask the congress. This path has always historically ended in economic collapse and the destruction of the civil society. --Steve Davis Denver, Colorado
What else can I help you with?
What type of political system has collective government ownership of the economic system?
Socialism
What is the difference between Soviet communism and American capitalism?
Soviet communism is characterized by state ownership of the means of production, with the government controlling economic planning and distribution of resources to promote equality and eliminate class distinctions. In contrast, American capitalism emphasizes private ownership, free markets, and individual entrepreneurship, allowing for competition and profit-driven motives. This fundamental difference leads to varying economic incentives, social structures, and levels of government intervention in daily life. Ultimately, Soviet communism aims for collective welfare, while American capitalism prioritizes individual freedoms and economic growth.
What system has government ownership of the means of production and is usally associated with totalitarian dictatorship?
Dictatorial state capitalism.
How can the function of a command economy best be described in the former soviet union?
In the former Soviet Union, the function of a command economy was characterized by centralized planning and state ownership of resources and means of production. The government dictated economic activity, setting production targets and controlling distribution, which aimed to achieve rapid industrialization and meet collective needs. However, this system often led to inefficiencies, shortages, and a lack of innovation due to limited competition and consumer choice. Ultimately, the rigid structure contributed to economic stagnation, which played a role in the Soviet Union's dissolution in 1991.
Which was not an attribute of the new nation?
a youthful population literacy among white citizens the federal government made the laws and states enforced them broad distribution of property ownership
Is a political model advocating collective or governmental ownership of the means of production and distribuction and distribution of goods?
Collective
What is the political model advocating collective or governmental ownership of the means of production and distribution of goods?
This is one definition of "socialism." The social extension is called "communism" in that a classless society shares equally the responsibility and benefits of production.
What economic system has government ownership of the means of production and distribution?
Communism
Public ownership of the basic means of production distribution and exchange?
That would be state capitalism, with the government owning the means of production. In Socialism, there is no exchange, and the whole community owns the means of production.
Under Marxism who must own the means of production?
The means of production is owned by the collective ownership of the workers.
Which are aspects of the communist philosophy?
Communism emphasizes class struggle, collective ownership of resources, and the eventual abolition of private property to achieve a classless society. It also advocates for a planned economy, where the government controls the means of production to ensure equal distribution of wealth among all citizens.
Characteristics of centrally planned economy?
government ownership and control, equality (collective)
What government controls land and all other means of production?
A government that controls land and all other means of production is typically referred to as a socialist or communist government. In such systems, the state owns and manages resources and industries to promote collective welfare and reduce inequality. This contrasts with capitalist systems, where private ownership and market forces primarily drive production and distribution. Examples include historical regimes like the Soviet Union or contemporary examples like North Korea.
What is an anticapitalist?
An anticapitalist is someone who opposes the current economic system based on private ownership of the means of production, distribution, and exchange for profit. They often advocate for alternative economic structures that prioritize social welfare, equality, and collective ownership.
What type of political system has collective government ownership of the economic system?
Socialism
What is a collective economy?
A collective economy is an economic system where ownership of resources and the means of production is shared or collectively controlled by a group of individuals or the community as a whole. In this system, decision-making and distribution of goods and services are often based on principles of cooperation and mutual benefit rather than individual profit.
What kinf of economic system did russia have where all government owned all means of production?
Russia had a command economy, specifically under the Soviet Union, where the government owned and controlled all means of production. This system aimed to eliminate private ownership and intended to direct economic activity through central planning. The state determined what goods were produced, how they were produced, and the distribution of resources, often leading to inefficiencies and shortages. This approach was aligned with Marxist-Leninist ideology, emphasizing collective ownership and the redistribution of wealth.
