Why Socialism Is Back as a Political Force That Will Only Grow

socialismback

‘Socialism saw its heyday in the 20th century when its ideas were adapted by a number of countries, in a variety of bastardizations of its message. In fact, some would argue that a pure socialism never existed. Now it is experiencing a tremendous resurgence in the 21st century due to the growing economic disparity, anger at the establishment and charismatic older socialist politicians like Bernie Sanders in the U.S. and Jeremy Corbyn in the U.K. who gathered massive support from the young. A new wave of socialist thinkers is also beginning to emerge that looks to distance the movement from the historical stigma to formulate a new socialism that speaks to the challenges of today.’

‘What is socialism? In the most basic definition, it is a political and economic system where the means of production and essential resources are owned by the community. Socialism comes in many different forms and has been practiced with great variety around the world.’

‘A way to build the kind of world where people don’t take advantage of others for gain but rather for the benefits of cooperation. “Abolishing private ownership of the things we all need and use factories, banks, offices, natural resources, utilities, communication and transportation infrastructure and replacing it with social ownership, thereby undercutting the power of elites to hoard wealth and power.” 

‘The Hammer and Sickle: the hammer stood for industrial laborers and the sickle for the peasantry; combined they stood for the worker-peasant alliance for socialism and against reactionary movements and foreign intervention.’

http://bigthink.com/paul-ratner/why-socialism-is-back-as-a-political-force-that-will-only-grow

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