Socialism

By Ralph

Marx and Engels

Revolutionary Socialists

Believed in revolutionary class consciousness and the overthrow of capitalism to establish a classless society.

Humans are social beings who can only express themselves under communism.

Luxemburg

Revolutionary socialist

Believed that socialism could only be achieved via revolution and that gradual reforms would only strengthen capitalism and must prioritize the mass action of the working class.

Webb

Social democracy

‘The inevitability of gradualness’

Believed in gradual parliamentary forms that would get rid of capitalism.

Revolution gives way to tyranny.

Crossland

Social democracy

Keynesian economics.

Believed in capitalism with strong government intervention to redistribute wealth.

Giddens

Third way

Believed in free market economics and focused on equality of opportunity not outcome.

Main focus on education.

Common humanity

The idea humans are social creatures and work better when cooperating rather than competing.

Collectivism

The idea that collective effort is more practical in the economy and also more moral than individuals working against each other.

Fraternalism

Derived from the Latin word for brotherhood, the idea people should help each other in society like family.

Common ownership

The idea that all members of a community collectively own resources and property, promoting shared benefits and responsibilities.

Revolutionary socialism

Socialism can only be bought about by the overthrow of government by the proletariat

Social democracy

Making capitalism more human via state intervention in the economy in order to achieve social justice

Third way socialism

A middle ground between socialism and free market economics, mainly focusing on equality of opportunity not outcome