Equality is undoubtedly the defining goal of socialism. Socialists favour a more equal distribution of wealth and income within society. This is in sharp contrast to liberals and to some extent conservatives who favour equality of opportunity (albeit for slightly different reasons).

The goal of socialist economics is to neutralize capital, or in the case of market socialism to subject investment and capital to social planning, to coordinate the production of goods and services to directly satisfy demand (as opposed to market-induced needs) and to eliminate the business cycle and crises of …

A primary goal of socialism is social equality and a distribution of wealth based on one’s contribution to society, and an economic arrangement that would serve the interests of society as a whole.

Socialism is a political, social, and economic philosophy encompassing a range of economic and social systems characterised by social ownership of the means of production. It includes the political theories and movements associated with such systems. Socialist systems are divided into non-market and market forms.

The verdict is in, and contrary to what socialists say, capitalism, with all its warts, is the preferred economic system to bring the masses out of poverty and to make them productive citizens in our country and in countries around the world. Remember this: Capitalism rewards merit, socialism rewards mediocrity.

A sustainable socialist society has six essential components: (1) an economic system that builds the productive forces and promotes common prosperity in a steady, sustainable manner; (2) a political system that supports a vigorous people’s democracy focused on implementing the people’s political agenda; (3) a strong.

A socialist country is a sovereign state in which everyone in society equally owns the factors of production. In a socialist country, people account for individual needs and social needs. The resources of the country go to both types of needs.

The Socialist Party USA, officially the Socialist Party of the United States of America (SPUSA), is a democratic socialist political party in the United States. In October 2019, the Socialist Party nominated Howie Hawkins for President of the United States in the 2020 election.

She has been noted for her substantial social media presence relative to her fellow members of Congress. Along with Rashida Tlaib, Ocasio-Cortez is one of the first female members of the Democratic Socialists of America elected to serve in Congress.

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Debs was the Socialist Party of America candidate for president in 1904, 1908, 1912 and 1920 (the final time from prison).

Eugene V. Debs twice won over 900,000 votes in presidential elections (1912 and 1920) while the party also elected two Representatives (Victor L. Berger and Meyer London), dozens of state legislators, more than a hundred mayors, and countless lesser officials.