Socialism Definitions

Key Ideas about Socialism

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  • Created by: Rose
  • Created on: 10-01-13 18:21
Fraternity
literally brotherhood, bonds of sympathy and comradeship between humans
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Collectivism
collective effort is practically and morally superior to individual effort
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Co-operation
working together as a collective effort for mutual benefit
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Egalitarianism
a theory or practice based on the promotion of equality as the principle value
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Collectivisation
abolition of private property through the establishment of common or public ownership
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Social Class
social division based on economic or social position
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A Social Class
a group of people who share a socio-economic position
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Bourgoisie
Marxist term for the ruling class; the owners of the productive wealth
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Proletariat
Marxist term for the class which sells its labour power
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Fundamentalist
a strand of socialism seeking to abolish capitalism and replace it with a qualitavely different society
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Nationalisation
state or public ownership of assets or industries, either individual enterprises or the entire economy (collectivisation)
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State Socialism
a system in which the state controls the economy in the interests of the people (in theory)
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Mixed Economy
mixture of nationalised and privatised industry
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Revolution
fundamental and irreversable change through a dramatic upheval of the system
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Revisionist
a strand of socialism seeking to revise capitalism to reconcile greater social justice
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Bourgeois State
Marxist term for a state which benefits primarily the bourgeoisie and has an unequal structure of class power
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Gradualism
progress through gradual improvements and legal/peaceful reform
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Eurocommunism
deradicalised communism from the 1970s, blendind Marxism with liberal-democratic principles
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Capitalism
an economic system in which wealth is owned by the individual or privately owned businesses and goods are produced for exchange according to the dictation of the market
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Social Democracy
moderate/reformist strand of socialism seeking to balance between the market and the state
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Labourism
a tendency to serve the interests of the organised labour movement rather than broader ideological goals
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Other cards in this set

Card 2

Front

collective effort is practically and morally superior to individual effort

Back

Collectivism

Card 3

Front

working together as a collective effort for mutual benefit

Back

Preview of the back of card 3

Card 4

Front

a theory or practice based on the promotion of equality as the principle value

Back

Preview of the back of card 4

Card 5

Front

abolition of private property through the establishment of common or public ownership

Back

Preview of the back of card 5
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