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Roy asked in Politics & GovernmentPolitics · 1 month ago

Is Socialism a good thing or a bad thing?

NOT Communism. I did not say Communism I am asking about Socialism itself.

17 Answers

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  • Ray S
    Lv 7
    1 month ago
    Favourite answer

    If by Socialism you're referring to the anti-capitalist creation of Karl Marx characterized by social ownership of the means of production and workers' self-management of enterprises, then I'd say it's been demonstrated throughout history to have been a bad thing and a failed economic concept.

    BUT, if you're loosely referring to what 's being called social democracy or democratic socialism today as socialism, then I'd say it's been proven to be a good thing and a viable worthwhile economic concept as exemplified by 1933 to 1980 America as well as Europe and Scandinavia today.

    To be clear:

          Socialism (Marx's anti-capitalism economic concept) and pro-capitalist democratic socialism are in no way the same thing.

          The United States and its middle class did extremely well under democratic socialism with its demand side economic policies for nearly half a century. It was democratic socialism that created our social safety net and gave us worker and consumer rights and protections.

           I would hope that Bernie Sanders and the Democratic Party would begin relating their goals to the beliefs and accomplishments of the FDR era. And, I would hope they'd begin making the distinction between the effects of demand-side and supply-side versions of capitalism on our society ... And, I would hope they begin doing that SOON.

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  • ctc453
    Lv 5
    1 month ago

    GOOD! The countries with social democracies have much better quality of life than unchecked capitalism 

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  • Foofa
    Lv 7
    1 month ago

    "The goal of socialism is communism." ~ Vladimir Lenin

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  • Zirp
    Lv 7
    1 month ago

    paying people according to their (own) work rather than what "the market" "thinks" you are worth is a good thing.

    Companies being owned by the workers/people rather than work their behind off for some lazy shareholder is a good thing.

    Reducing pointless competition is a good thing

    Avoiding programmed obsolescence is a good thing.

    Putting people and planet before profit is a good thing

    • Richard
      Lv 7
      1 month agoReport

      Utterly naïve.  What would motivate people to excel, invent new products/services, work hard, etc. if everybody is compensated the same?

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  • y
    Lv 7
    1 month ago

    Not a yes or no question and that is really the issue. One must talk about the specific types of systems they wish to put in place.

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  • 1 month ago

    It works reasonably well in many European democracies because these countries are more homogeneous than the US.  The US is a patchwork of different races, religions, social classes, etc.; and some segments of our population would rather loaf than work.  Moreover, an unfortunate side-effect of socialism is the decline of personal responsibility - and there are fewer opportunities for people to be rewarded for their hard work, inventiveness,  or creativity.

    Adopting even "democratic socialism" (not communism) would be regressive to the US economy and its worldwide leadership.

    • Biff
      Lv 7
      1 month agoReport

      I'm not sure that any European country is really socialist. Spain probably has the most left-wing government but the country still has a free market economy.

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  • 1 month ago

    It can be a positive thing, sometimes it’s good to work collectively, but it can quite easily mutate to become oppressive. 

    There are very few social democracies around these days. Greece was until the Credit Crunch and austerity. Denmark and Sweden are not social democracies as they have to follow the economic policies of the EU. They are liberal democracies 

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  • Satan
    Lv 7
    1 month ago

    There is no perfect solution

    Socialism is a good thing - so is capitalism

    Whats required is mix of the 2 

    For socialism, where the poorest are helped (properly). Where if you need medical, you can obtain this for free.  

    Capitalism works with developing, trade, production

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  • Bye
    Lv 7
    1 month ago

    Republicans cannot answer this question as they have no idea what socialism is. They operate from a false definition of it handed to them by rightwing pundits, who have simply told them that socialism means “government controls every aspect of your life and you have no rights”.

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  • Anonymous
    1 month ago

    Liberals currently want their party to impose socialism across the entire country.  In other words liberals are now Nationalist Socialists.  This has been tried before with terrible results.  If you know how, read a history book.  Hint: look up Germany in the 1930s.

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    • Satan
      Lv 7
      1 month agoReport

      So glad you posted this anonymously.  You do remember that the "Nationalist Socialists" you're referring to, hated socialism?  They were socialists in name only.  But, you've been told this countless times, and you'll no doubt be told countless times more, when pushing this falacy 

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  • Anonymous
    1 month ago

    Do you mean real socialism or the things that sociopathic republicans call socialism?

    • Roy1 month agoReport

      Both

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