Definitions of Socialism
- Socialism is a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
- Socialism is a system of society or group living in which there is no private property
- Socialism is a system or condition of society in which the means of production are owned and controlled by the state
- Socialism is a populist economic and political system based on public ownership (also known as collective or common ownership) of the means of production.
- Socialism is the set of beliefs that states that all people are equal and should share equally in a country's money, or the political systems based on these beliefs.
- Socialism is any economic or political system based on government ownership and control of important businesses and methods of production
- Socialism is an economic, political, and social system that is based on the belief that all people are equal and should share equally in a country's money.
Therefore socialism began in Europe after the industrial development led to the rise of the two antagonistic social users which where the proletariat(workers) and the capitalist or factory owners.
Especially after the industrial new there were intensive exploitation of workers led workers to form their union /working trade union to demand for their rights e.g. Britain there was the rise of Chartism and Laddish, and in France the inspiration of socialism was brought by the French new of 1989 which advocated for liberty, equality and fraternity to all, hence socialism was practiced in every part of the world , such as in Europe, Asia and Africa and it was most successful in Russia and other parts of eastern Europe, China, Northern Korea, Cuba and Africa.
|Karl Marx, Vladimir Lenin and Mao Tse-Tung|
Socialist ideas were introduced in Russia by political socialist who were in exile and who made socialist from other countries.
|Mao Tse-Tung addressing a crowd soon after Chinese Revolution of 1949|