February 25, 2020

Some differences between socialism and capitalism

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1 comment:

Anonymous said...

Norway's government is a coalition between the Conservatives and Liberal parties. Until recently three parties were involved. The Progress Party, founded by a supporter of apartheid and which once had the mass murderer Anders Brevik as a member, left because of a disagreement over immigration.

Socialism, as originally used by the followers of Robert Owen, appeared for the first time in their Co-operative Magazine of November 1827 and meant common ownership (not nationalisation or state capitalism). Later, in 1875, at the first meeting of the German Social Democratic Party Eduard Bernstein and others claimed that the capitalism could be reformed to meet working class interests. By championing gradual, ethically-inspired reforms they rejected socialism's revolutionary and materialist foundations. Since then, the vast majority of 'socialist' groups individuals & proposals are better identified as left-leaning, progressive or social democrat. “Democratic socialist” is a tautological misnomer. And supporters of the status quo can relax: the spectre haunting them is not that of communism/socialism but, at worst, social democracy, as espoused by BS & DOC.