Socialist economics - Wikipedia
A socialist economy is a system of production where goods and services are produced directly for use, in contrast to a capitalist economic system, where goods and services are produced to generate profit (and therefore indirectly for use). "Production under socialism would be directly and solely for use.
Socialism: History, Theory, Analysis, and Examples of ... - Investopedia
2023年12月18日 · Socialism is an economic and political system based on collective ownership of the means of production. In a socialist system, all legal production and distribution...
Socialist Economy: What Is It, In Theory or Practice? - Investopedia
2023年12月31日 · Generally speaking, a socialist economy is a system in which there is collective ownership of the means of production, central planning, and a broad emphasis on equality. In comparison, one...
Socialism - Wikipedia
Socialism is an economic and political philosophy encompassing diverse economic and social systems [1] characterised by social ownership of the means of production, [2] as opposed to private ownership. [3][4][5] It describes the economic, political, and social theories and movements associated with the implementation of such systems. [6] .
Socialist Economies: How China, Cuba, and North Korea Work - Investopedia
2023年12月10日 · In socialist economies, governments are charged with redistributing wealth and narrowing the gap between the poor and the rich. While no modern-day countries are considered to have a "pure"...
What Is Socialism? Definition and Examples - ThoughtCo
2021年8月26日 · Socialism is an economic, social, and political system based on public rather than private ownership of a country’s means of production. Means of production include the machinery, tools, and factories used to produce the goods needed to satisfy human needs.
Socialism ‑ Definition, Origins & Countries - HISTORY
2019年10月10日 · Socialism describes any political or economic theory that says the community, rather than individuals, should own and manage property and natural resources. The term “socialism” has been...
Socialism vs. Capitalism: Differences and Similarities - ThoughtCo
2024年7月17日 · Socialism is an economic and political system under which the means of production are publicly owned. Production and consumer prices are controlled by the government to best meet the needs of the people. Capitalism is an economic system under which the means of production are privately owned.
Socialism - Internet Encyclopedia of Philosophy
Socialism is both an economic system and an ideology (in the non-pejorative sense of that term). A socialist economy features social rather than private ownership of the means of production. It also typically organizes economic activity through planning rather than market forces, and gears production towards needs satisfaction rather than ...
Socialism - Education | National Geographic Society
Socialism is, broadly speaking, a political and economic system in which property and the means of production are owned in common, typically controlled by the state or government. Socialism is based on the idea that common or public ownership of resources and means of production leads to a more equal society.