Essay about Socialism - 579 Words

Socialism Socialism is a type of economic system, a political movement, and a social theory. Socialism is based on the idea that governments should own and control a nations resources rather than individuals. Socialism was first used to describe opposition to the free enterprise and market economies. The Industrial Revolution was the cause of many social problems. Long work hours, low pay, and poor working conditions caused Americans to first consider socialism. With government involvement in business, fairer treatment for all was feasible. Most countries today have socialist parties, many have socialist governments, and others who are in between have adopted socialist ideas. Communism and socialism are†¦show more content†¦It is disagreement among socialists that has made for a wide spectrum of ideas, possibly making it more difficult for socialism to exist. Socialism and Karl Marx are two words that belong together. Marx was the most influential socialist of the 1800s. Marx expressed his ideas in the Communist Manifesto. He believed that all history is a series of struggles between the ruling and the working classes. Marx predicted that the ruling class would be overthrown and predicted the working class would set up a society based on common ownership. Socialism has never been very strong in the United States. Because of the opportunity for even the poor to become successful, socialism has never been able to grow. The strongest movement might have been during World War I. socialists tried to group, but because of problems at hand nothing was accomplished. After World War I a complete collapse of socialism occurred. Today the U.S. still practices a small amount of socialism. Government regulates and controls many private businesses, provides welfare, and strives to maintain a high employment rate. The government also uses its strong taxing, spending, and credit powers. Yet the United States has fewer socialist features than any other industrialized nation. Like many other people, I feel there are pros and cons to socialism. Socialism would generally make for a moreShow MoreRelatedSocialism1284 Words   |  6 PagesSocialism High Point University ECO 207 Tony Benjamin Socialism Socialist government is not state government. It would not rule over people and places, but would empower the people to rule over things. Socialism means a government in which the people collectively own and democratically operate the industries and social services through an economic democracy (SLP 2006). Under socialism, it is his/her fellow citizens and co-workers who create the policies and conditions for its communityRead MoreCapitalism Vs. 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A problem thatRead MoreSocialism in The Jungle1715 Words   |  7 PagesSocialism in â€Å"The Jungle† By Tyler Dobson Sinclair’s  The Jungle  is a novel that tends to advocate for socialism as a remedy for the evils of capitalism that has dominated a society. Upton Sinclair’s piece was written in 1906, at a time when many European immigrants had migrated to the United States with the hope of becoming prosperous in their lives. However, their expectations were not met as some of them ended up being unemployed and those who managed to get jobs like Jurgis Rudkus inRead MoreSocialism : Socialism Vs. Capitalism1156 Words   |  5 PagesEric Butterbaugh Mrs. Penwell English Composition November 8, 2015 Socialism V. Capitalism In the past the word Socialism or Socialist has been used with a negative connotation but recently with the rise of Senator Bernie Sander, Independent from Vermont, running for the Democratic Nomination for President of the United States of America, it has became a positive word that many people are finding themselves agreeing with and flocking to see a Socialist speak about economic and social problemsRead More socialism Essay941 Words   |  4 Pages Socialism is a way of controlling the economy, in which the government owns and runs all of the businesses of a society. Socialism can be broken up into two different categories: Utopian Socialism and Scientific Socialism. These two types have some similar views, but also are very different in certain ways. For example, Utopian Society is basically a peaceful way to get what you want whereas Scientific Socialism, which was what Karl Marx represented, held the belief that the only way to get whatRead MoreThe Misunderstandings of Socia lism1238 Words   |  5 PagesQuotes like Winston Churchill’s have become part of the political rhetoric when leaders discuss the idea of socialism. In current events you can see the exact same argumentation being used against legislation such as the Affordable Health Care Act. Conservative talking heads such as Bill O’Reilly equate it to socialism because, as Mr. O’Reilly says himself, â€Å"[i]n order to provide for the have nots, the far left wants the federal government to seize the assets of solvent Americans. That’s what ObamaCare