Is Socialism a good thing or a bad thing?
NOT Communism. I did not say Communism I am asking about Socialism itself.
- Ray SLv 71 month agoFavourite 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.
- ctc453Lv 51 month ago
GOOD! The countries with social democracies have much better quality of life than unchecked capitalism
- FoofaLv 71 month ago
"The goal of socialism is communism." ~ Vladimir Lenin
- ZirpLv 71 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
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- yLv 71 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.
- RichardLv 71 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.
- 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
- SatanLv 71 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
- ByeLv 71 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”.
- Anonymous1 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.
- Anonymous1 month ago
Do you mean real socialism or the things that sociopathic republicans call socialism?