Socialism

Definition and stakes

Portrait of Samuel Peter Orth Samuel Peter Orth Socialism and Democracy in Europe

At first Socialists were utopians, then they became revolutionists. This was natural. Socialism was born in an air of revolution—the political revolutions of the bourgeois, and the infinitely greater industrial revolution. The tides of change and passion were rocking the foundations of state and industry. The evils in early industrialism were abhorrent.
Source: Gutenberg

Portrait of Jack London Jack London War of the Classes (1905)

And far be it from me to deny that socialism is a menace. It is its purpose to wipe out, root and branch, all capitalistic institutions of present-day society. It is distinctly revolutionary, and in scope and depth is vastly more tremendous than any revolution that has ever occurred in the history of the world.
Source: Wikisource

Portrait of John Stuart Mill John Stuart Mill Principles of Political Economy (1871)

I have thus far confined my observations to the Communistic doctrine, which forms the extreme limit of Socialism; according to which not only the instruments of production, the land and capital, are the joint property of the community, but the produce is divided and the labour apportioned, as far as possible, equally. The objections, whether well or ill grounded, to which Socialism is liable, apply to this form of it in their greatest force.
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature