Subjects>Law & Government>Politics

Is socialism economic or political

Anonymous

∙ 14y ago

Updated: 8/22/2023

Neither, as Communism means a classless stateless society based on production for use, with no rulers or money or prices. So no economy and no politics either.

paulbenn ∙

Lvl 13

∙ 3y ago

What else can I help you with?

Is socialism a core political ideal?

No, socialism is an economic system with specific economic models. It is not as much a political ideal as it is an economic system intended to lead to certain social outcomes.

What is PMPES?

PMPES is short for Post Modernism Political Economic Socialism.

How do you regard of Socialism?

Only as a political and economic theory of social organisation

What does democratic socialism do for Canada?

Democratic socialism, defined as a political movement that seeks to create a post-capitalist economy based on market socialism or economic planning, does not exist as a major political force in Canada.

What type of political system has collective government ownership of the economic system?

Socialism

Labels such as capitalism communism and socialism are examples of what?

These are examples of economic and political ideologies.

Labels as communism capitalism and socialism are?

they are used to represent both political and economic ideas

What two radical political ideas did some see as an answer to economic problems?

Socialism and nationalism

Should socialism be capitalized?

No, because it is not a proper nou n.

Why are capitalism communism and socialism often misunderstood?

They represent ideas about both political and economic systems.

Label such as capitalism communism and socialism?

they are used to represent both political and economic ideas --Shelby :)

What are the beliefs of socialism?

Socialism is an economic system characterized by social ownership or control of the means of production and cooperative management of the economy, and a political philosophy advocating such a system.

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