What is Socialism in English 2022 ?

What is Socialism in English 2022 ?Show more

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In this video, we explore the definition of socialism in English in 2022. We discuss different definitions, how socialism is used in different contexts, and how the definition has changed over time.As the world edges closer to a potential socialist government, it's important to understand socialism in all its forms. In this video, we explore the definition of socialism in English in 2022, and look at how it's been used in different contexts throughout history.

There is an enormous amount of confusion about what the term means. There aren’t multiple definitions. It’s when the means of production are owned exclusively by the state. It must be distinguished from fascism. That is when the state controls all factors of production. The terms of capitalism are retained. They have been called socialism of the Russian and German pattern. I prefer “statist” because it’s almost always a mix of both.

Capitalism and statism are fundamentally different. Statism might go by various names, but the foundation doesn’t change. Marxism, socialism, fascism, democracy, social democracy, progressivism, leftism, etc., are all variations of statism. They might differ in the speed at which they travel and the methods they use. However, they all rely on violation of property. They are different branches of the same tree.

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