TABLE OF CONTENTS
Definition of
socialism
Types of
socialism
proS AND CONS
OF SOCIALISM
01
03
05
02
Elements of
socialism
04
HISTORY OF
SOCIALISM
THE REPORTERS
What is
Socialism?
SOCIALISM
- socialism is when a population owns and controls the
means of production, and distribute the end result
proportionally.
What are the
ELEMENTS of
socialism?
ELEMENTS of socialism
1. Community
2. Fraternity
3. Social Equality
4. Needs
5. Social Class
6. Common Ownership
ELEMENTS of socialism
01
COMMUNITY
Socialism sees human beings as social creatures linked by a common humanity.
fraternity
Human beings are connected by comradeship.
03
SOCIAL EQUALITY
02
The paramount virtue of socialism is equality.
needs
The basis of the distribution of material benefits should be need rather then merit or work.
04
ELEMENTS of socialism
05
Social class
Socialism is often associated with a form of class politics.
Common ownership
Common ownership is the end of socialism itself.
06
What are the
Types of
socialism?
Types of socialism
A. Ethical Socialism
B. Scientific Socialism
C. Revolutionary Socialism
D. Reformist Socialism
E. Fundamentalist Socialism
F. Revisionist Socialism
Types of socialism
Ethical socialism
➢ Ethical socialism promotes an essentially moral critique of capitalism. In short,
socialism is portrayed as morally superior to capitalism because human beings
are ethical creatures, bound by love, sympathy, and compassion.
Scientific socialism
➢ There is an analysis of historical and social development in scientific socialism.
As a form, of Marxism, it lays the groundwork for the replacement of capitalism
by socialism.
Types of socialism
revolutionary socialism
➢ Revolutionary socialism takes over the position that capitalism occupies in the
existing state structures.
reformist socialism
➢ Takes the middle road by adopting consent, constitutionalism, and party
competition which are basic liberal democratic principles.
Types of socialism
Fundamentalist socialism
➢ The primary goal of fundamentalist socialism is the replacement of the capitalist
system with socialism.
revisionist socialism
➢ Revisionist socialism DOES NOT advocate force to achieve a socialist society
BUT gradual reforms within the capitalist system.
How does socialism
emerged?
How does socialism emerged?
The intellectual roots of
socialism go back at least as far as
ancient Greek times, when the
philosopher Plato depicted a type
of collective society in his
dialog, Republic (360 B.C.).
How does socialism emerged?
In16th-century England, Thomas
More drew on Platonic ideals for
his Utopia, an imaginary island where
money has been abolished and
people live and work communally.
How does socialism emerged?
In the late 18th century, the invention of the steam
engine powered the Industrial Revolution, which brought
sweeping economic and social change first to Great Britain,
then to the rest of the world. Factory owners became wealthy,
while many workers lived in increasing poverty, laboring for
long hours under difficult and sometimes dangerous
conditions.
Who is the father of
socialism?
father of socialism
Karl Heinrich Marx
-
a German philosopher, economist, historian,
sociologist, political theorist, journalist and
socialist revolutionary
-
born on the 5th of May 1818 in Trier,
Germany and died in the 14th of March 1883
in London, United Kingdom
-
Wrote the book “The Communist Manifesto”
in 1848
What are the pros and
cons of socialism?
pros
- Equality
- Reduction of relative poverty
- Employment
- Workers can enjoy their “fruit of labor”
- Free health care
cons
- Too much government control
- High taxation
- Lack of incentives
- Government failure
- Rationing of Health Care