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Socialism is primarily a political movement. False. Socialism is primarily an economic movement.

Socialism encompasses any state attempt to relieve poverty (Welfare, Universal Medicare). False. Socialism has nothing to do with these kinds of programs.

Socialism encourages monopolies. False. Many forms of socialism encourage diversification of ownership of industry, where it is capitalism and the growth of the multinational corporation which tends to monopoly.

Socialism must come from the state. False. Self-formed co-operatives are a socialist type movement.

Socialism is a single simple philosophy. False. It is a multifarious complex series of philosophies held together by the unifying ideal of spreading the benefit of industry among a larger group of people, especially those who work in the industry.

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12y ago

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