Socialism opposing capitalism (45)

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  • Created by: Elena.S
  • Created on: 12-05-17 13:39

Socialism opposing capitalism (45)

Similarities

  • P: fundamentalist socialism; E: capitalism doomed to fail due to internal class contradictions (surplus value leading to profits) so capitalism to be toppled by class revolution; E: Marxist dialectical materialism, socialism equated to establishment of common/collective ownership (anti-capitalist - see definition r.e private property)

Differences

  • P: revisionist socialism/Third Way; E: capitalism as most viable means of producing wealth to fund welfare systems otherwise uneven distribution of wealth (anti-equality); E: post-war consensus of 1945-1979 with managed economy i.e nationalism of telecommunications + utilities from Keynesian demand managements (social justice)

Overall comparison

No bc fundamentalist is essentially over due to collapse of communism in late 20th century

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