Socialism is a term that was coined at the end of the eighteenth century. Robert Owen and Henry De Sancto Simon are the first to use this term and introduce it to the understanding of another economic system. This recent concept was seen by Robert Owen and Henri De Saint Simon as a Utopian economic formula in response to the development of industrial capitalism throughout Europe.
What is Socialism? It is economic that is the forerunner of communism. The economic stage between Capitalism and Communism. In Socialism, the people through the government control the economic system for the good of the community, state, or country. Basically the government owns and runs the entire financial system. Carl Marx describes socialism as an economic system where knowledge comes from “each for his strength, each for his work”; the government would set the wages for the work done. Socialism in the late eighteenth century was considered an equalizer between classes, where the distinction of classes was smaller and based on the arts for the good of the community. The government would determine who works where, what work, and how much. A socialist government is in charge of the entire economy. All forms of business, health, finance, trade, commerce, supply, and other matters are owned and controlled by the state. Government is seen as “a href=”https://e-info.vn/tag/big-brothers-big-sisters”>Big Brother” (George Orwell, author of Nineteen Eighty-Four u>). Webster’s Dictionary defines Socialism as “an economic system aimed at public ownership or government ownership of production, etc.” In this economic system there is no such thing as “private”.
What form of political system can support socialism? Any government can support a political class, i.e. dictatorship, democracy, republic, monarchy, parliament, etc. The type of government (political system) is irrelevant to the maintenance of this economic system, because the government is completely in charge of the economy. . That is why the Union of Soviet Socialist Republics (U.S.S.R.) had a similar republic with United and the economic system known as Socialism could be sustained. Why did the citizens of the USSR call themselves “socialists”? It was the economic system that was completely different, not the type of government that determined the big difference and the Cold War between the USSR and the United States of America 1945 through
1995. In the 20th century, the USSR and China implemented socialism as their economic system (not communism). To date there have been no countries with a communist economic system. Communism is similar to socialism with one big difference. Communism has no form of political system, no government. The entire economic system is solely blamed for the willful “establishment of the empire” (by Karl Marx, who is the father of communism and who first introduced the ideology of Communism through the publication of his famous book “The Communist Manifesto.”).
Winston Churchill socialism as “inseparably intertwined with totalitarianism and the object of the cult of the state. It will dictate to everyone where to work, what to work on, where to go and what to say. Socialism is an attack against the right to breathe freely. No system of socialists can be established without political police”.
Wikipedia.org at http://en.wikipedia.org/wiki/Socialism
Wikipedia.org at http://en.wikipedia.org/wiki/Soviet_republic
Webster’s Dictionary, edited by John Gage Allee, PH.D, 1977, Ottenheimer Publishers, Inc.
George Orwell, Nineteen Eighty-Four, Penguin, reprinted 1975
