Socialism Socialism is an economic system where everyone in the society equally owns the factors of production.
by Rich Berardino
1. The world changes constantly and as it changes all of the various industries cannot keep up. As the pay rates constantly demand attention from the unsatisfied workers it continuously demands for higher wages. This would lead to inflation according to Heaven On Earth. In 1975 wage settlements went up and this caused the inflation rate to shoot up to 24 percent. This makes it difficult to control and eventually leads to an economic decline thus leading to a decrease in economic growth and also disrupts the entire market forcing nothing to get done. The only solution to this would be to have all the conservatives reach a balance between workers wages and the labor leading to people being more self reliant.
2. Fabian Socialism
2.1. A British organization in the late 1900s that advocated a gradual change to socialism through laws, elections, and other peaceful means.
3. Utopian Socialism
3.1. This was more of a vision of equality that a concrete plan. It arose in the early 19th century, before industrialization. It would be achieved peacefully through a series of experimental societies.
4. Christian Socialism
4.1. Christian teachings of brotherhood are the same values expressed by socialism.
5. Green Socialism
5.1. A socialistic economy that highly values the maintenance of natural resources. This will be achieved through public ownership of large corporations. It also emphasizes public transit and locally-sourced food. Production will be focused on making sure everyone has enough of the basics instead of consumer products they really don't need. Everyone will be guaranteed a livable wage.
6. Heaven On Earth
6.1. Alek Danilowicz
7. Market Socialism
7.1. Production is owned by the workers, who decide how to distribute among themselves. They would sell excess production on the free market. Or, it could be turned over to society at large, which would distribute it according to the free market.
8. Libertarian Socialism
8.1. Libertarian assumed that the basic nature of people is rational, autonomous, and self-determining. Once the strictures of capitalism have been removed, people will naturally seek a socialist society that takes care of all. That's because they see it is the best for their own self-interest.
9. Revolutionary Socialism
9.1. Socialism will emerge only after capitalism has been destroyed. "There is no peaceful road to socialism." The factors of production are owned by the workers and managed by them through central planning
10. Democratic Socialism
10.1. Factors of production are managed by a democratically-elected government. Central planning distributes common goods, such as mass transit, housing, and energy, while the free market is allowed to distribute consumer goods.
11. Socialism is an economic system where everyone in the society equally owns the factors of production.
