Socialists across the rich world aligned themselves with a range of liberation movements

Socialist parties became a dominant political force after the world wars in much of Western Europe. Along with communism, socialism also came in various forms in the newly recolonized countries of Africa, Asia and the Middle East.

Socialists across the rich world aligned themselves with a range of liberation movements. In the U.S, many, though by no means all, feminist and civil rights leaders have espoused aspects of socialism. On the other hand, socialism has acted as an incubator for movements that are generally labeled far-right.



European fascists in the 1920s and 1930s adopted socialist ideas, though they phrased them in nationalist terms: economic redistribution to the workers specifically meant Italian or German workers and then only a certain, narrow type of Italian or German.

In today`s political contests, echoes of socialism – or economic populism, to critics, are easily discernible on the both the right and left.

Communism and socialism are economic and political structures that promote equality and seek to eliminate social classes. The two are interchangeable in some ways, but different in others.

In a communist society, there are no wealthy or poor people. All are equal.

Like communism, socialisms main focus is on equality. Workers receive what they need to produce and survive, but theres no incentive to achieve more, leaving little motivation.

The United Kingdom provides basic needs like healthcare to everyone regardless of their time or effort at work. In the U.S, welfare and the public education system are a form of socialism.

Both are the opposite of capitalism, where limitations don`t exist and reward comes to those who go beyond the minimum. In capitalist societies, owners are allowed to keep the excess production they earn.

Competition occurs naturally, which fosters advancement. Capitalism tends to create a sharp divide between the wealthiest citizens and the poorest, however, with the wealthiest owning the majority of the nation`s resources.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Leave a comment

Filed under Politics

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.