Tuesday, December 13, 2011

What is Socialism



Definition of Socialism


Different sociologist and state scientist defined about socialism. Some of that is below-

According to Sellars-" Socialism is democratic movement whose purpose his securing of an economic organization which will give the maximum possible at any one time of justice and liberty."

H. Bland Said that," Socialism is the common holding of the means of production and exchange and the holding of them for the equal benefited all."

Maurice Cornforth said about the socialism-" Socialism is the social ownership of the means of production and their utilization to satisfy the material and cultural requirements of the whole society."

The light of the above definition, that socialism is a political system in which all elements of production and investment services are regulated by the state.

Definition of political party

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