What Is Socialism?

Socialism is a populist economic and political system based on public ownership (also known as collective or common ownership) of the means of production. Those means include the machinery, tools, and factories used to produce goods that aim to directly satisfy human needs. Communism and socialism are umbrella terms referring to two left-wing schools of economic thought; both oppose capitalism, but socialism predates the "Communist Manifesto," an 1848 pamphlet by Karl Marx and Friedrich Engels, by a few decades.

In a purely socialist system, all legal production and distribution decisions are made by the government, and individuals rely on the state for everything from food to healthcare. The government determines the output and pricing levels of these goods and services.

Socialists contend that shared ownership of resources and central planning provide a more equal distribution of goods and services

Socialism Explained

Common ownership under socialism may take shape through technocratic, oligarchic, totalitarian, democratic or even voluntary rule. Prominent historical examples of socialist countries include the former Soviet Union and Nazi Germany. Contemporary examples include Cuba, Venezuela, and China.

Due to its practical challenges and poor track record, socialism is sometimes referred to as a utopian or “post-scarcity” system, although modern adherents believe it could work if only properly implemented. They argue socialism creates equality and provides security – a worker’s value comes from the amount of time he or she works, not in the value of what he or she produces — while capitalism exploits workers for the benefit of the wealthy.

Socialist ideals include production for use, rather than for profit; an equitable distribution of wealth and material resources among all people; no more competitive buying and selling in the market; and free access to goods and services. Or, as an old socialist slogan describes it, “from each according to ability, to each according to need.” (Investopedia)

 

 

How  Socialists and Communists Take Over a Nation

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Varney: Socialism leads to decline and ruin



Short Course on Communist Takeover of U.S.
This is a recently discovered excerpt from G. Edward Griffin's 1984 interview with KGB defector, Yuri Bezmenov, who explains the four stages of communist strategy for taking over the U.S. from within. It is sobering to realize that stage three is almost complete. Stage Four is martial law from which there is no escape. Americans are running out of time to take the Red Pill.


Cultural Marxism


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Why "Democratic" Socialism Doesn't Work