Portal:Socialism

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Socialism refers to a set of economic systems in which the means of production and distribution are under social ownership, management within economic institutions is based on collective decision-making or worker self-management, and the economy is primarily geared toward production for use. It also refers to a broad array of ideologies and political movements which have the goal of achieving this type of socio-economic system. Control of production may be either direct—exercised through popular collectives such as workers' councils—or indirect—exercised on behalf of the people by the state. As an economic system, socialism is often characterized by state, worker, or community ownership of the means of production, goals which have been attributed to, and claimed by, a number of political parties throughout history. For Karl Marx, who helped establish and define the modern socialist movement, socialism would be the socioeconomic system that arises after a proletarian revolution, in which the means of production are owned co-operatively by the working class so that the surplus product generated would be used to benefit all of society, and the economy would no longer be structured upon the law of value.

By the late 19th century, after the work of Karl Marx and his collaborator Friedrich Engels, as technological development outstripped the economic dynamics of capitalism, "socialism" had come to signify opposition to capitalism, and advocacy for a post-capitalist system based on some form of social ownership of the means of production. By the 1920s, social democracy and communism had become the two dominant political tendencies within the international socialist movement. By this time, Socialism emerged as "the most influential secular movement of the twentieth century, worldwide. It is a political ideology (or world view), a wide and divided political movement" and while the emergence of the Soviet Union as the world's first nominally socialist state led to socialism's widespread association with the Soviet economic model, many economists and intellectuals argued that in practice the model functioned as a form of state capitalism, or a non-planned administrative or command economy. Socialist parties and ideas remain a political force with varying degrees of power and influence in all continents, heading national governments in many countries around the world. Today, some socialists have also adopted the causes of other social movements, such as environmentalism, feminism and liberalism.

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The connection between left-leaning ideologies and LGBT rights struggles has a long and mixed history. Prominent socialists who were involved in early struggles for LGBT rights include Edward Carpenter, Oscar Wilde, Harry Hay, Bayard Rustin, Emma Goldman and Daniel Guérin among others.



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Karl Heinrich Marx (5 May 1818 – 14 March 1883) was a German philosopher, sociologist, economic historian, journalist, and revolutionary socialist who developed the socio-political theory of Marxism. His ideas have since played a significant role in the development of social science and the socialist political movement. He published various books during his lifetime, with the most notable being The Communist Manifesto (1848) and Capital (1867–1894), many of which were co-written with his friend, the fellow German revolutionary socialist Friedrich Engels.



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