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Fabian Rod
Socialism is a social, economic and political system where an entire society owns and operates all forms of business.
Controls
The means of production
Owns
capitalist class
Proletariat
bourgeoisie
Workers own nothing but their ability to sell their labor for a wage.
Control
To distribute the end result proportionally
Social welfare
To satisfy everyone basic needs
Housing
Healthcare
Education
Remove social class distinction based on ownership
Access to free education
Expensive
Class inequality
regardless of their financial status
Idealistic
only if we remove social classes
True societal equality
Ideologues wanted to transform the exploitation conditions that appeared within the industrialization that were considered unfair.
impossible to reach
"human beings do not seek confrontation or fighting"
natural condition of kindness
Same opportunities for everybody
Who developed this movement?
Marxism, a body of doctrine developed by Karl Marx and, to a lesser extent, by Friedrich Engels in the mid-19th century.
What is it?
a method for understanding and predicting social, economic and material phenomena.
How?
by examining their historical trends through the use of the scientific method.
What for?
To obtain probable outcomes and probable future developments
Marxist theory states that in industrial societies
Bourgeoisie
Proletariat
Means of production
Proletariat is the dynamic factor of society and history.
It feels the contradictions of society and it drives change
Human history - class conflict
Industrial society (bourgeoisie and proletariat)
Capitalist society
workers
sell their working skills
Value of workforce is regulated by the law of supply and demand
There is always an extra profit.
Although the company owner must pay some productions costs.
Capital Gain
What are some costs of production?
Owner of the means of production
Capital gain
They will try to make it greater by reducing salaries.
Marxism
disappear
Capital Gain
Benefits should be given to the workers directly.
2 forms
The State should give it indirectly in form of services.
Capitalist sectors
Capital is given more prestige than workers