Skip to content

Ask an Academic

  • Home
  • Ask a Question
  • Contact Us
Empty room for politicians

What is Socialism?

September 20, 2019 by AskanAcademic.com

A short definition of the political ideology socialism.

Question

What is Socialism?

Answer

Socialism is a term used to describe a number of social systems that share a singular aim of social ownership and control of the means of production by the people. This is not as simple as everybody owns everything, as some goods are for personal consumption, such as clothes. The aim of socialism is instead to give everybody the right to partake in the decision making process in how resources are utilised, as opposed to leaving the decision in the hands of the minority. Socialism aims to achieve a society where everybody has the right to participate in issues that affect them. The idea would be that production under socialism would be held by the public and used to help human needs as opposed to generating profit. Following true socialism would lead to the end of money, and instead goods could be taken freely from the collective community pot. However, it is unlikely this could ever be truly realised in the current capitalist system we live in.

References

Post navigation

Previous Post:

The need to build a large number of primary schools over four years

Next Post:

Characterisation of Novels

Search Q&As

Categories

  • Art Media and Literature (74)
  • Business and Management (256)
  • Computing and ICT (14)
  • Construction and Engineering (35)
  • Education (90)
  • Environmental Sciences (2)
  • Finance and Economics (91)
  • Health (64)
  • Languages (12)
  • Law (88)
  • Mathematics and Statistics (2)
  • Medical Sciences (19)
  • Politics and International Relations (83)
  • Research Methodology (1)
  • Science (49)
  • Social Sciences (101)

Archives

Who We Are

Askanacademic.com is owned and operated by All Answers Ltd, a company registered in England and Wales. Company Registration No: 4964706. VAT Registration No: 842417633. Data Controller No: Z1821391.

Registered office:
Venture House
Cross Street
Arnold
Nottingham
NG5 7PJ

Main Navigation

  • Home
  • Ask a Question
  • Contact Us

Legals

  • Cookie Policy
  • Privacy Policy

Popular Categories

  • Business and Management
  • Law
  • Finance and Economics
  • Health
An an Academic Logo
© 2023 Ask an Academic | WordPress Theme by Superb Themes
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Reject
Read More
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT