Posted inGovernment & Politics

Features of Socialism

The main aim of socialism is to ensure equal distribution of nation's wealth. The state, acting on behalf of the people is seen as impartial and can adequately control all productive and distributive activities and the state. This theory originated as a protest against the evils of capitalism. Karl Marx, a German propounded this theory.
Advantages and Disadvantages of Socialism
Posted inGovernment & Politics

Advantages and Disadvantages of Socialism

Socialism is an economic cum political system in which the means of production and distribution is collectively owned and controlled by the state. This is done on-behalf of the people while the government sees to the equitable distribution of the resources evenly.
Socialism – Definition, Features, Pros & Cons
Posted inGovernment & Politics

Socialism – Definition, Features, Pros & Cons

Socialism is an intermediate or transition stage between capitalism and communism. It is both an economic and political concept. As an economic concept, socialism means an economic system in which the means of production (i.e land, labour, capital) are controlled mainly by the state. Most economic activities in a socialist state are performed by the government and its agencies.
Totalitarianism – Definition, History, Features & Examples
Posted inGovernment & Politics

Totalitarianism – Definition, History, Features & Examples

Totalitarianism is a form of government in which the state claims total control of all the activities of the people. The government controls both the public and private realms. In totalitarian system of government, any act can be considered 'political' if the government so desires. The former Soviet Union under Joseph Stalin, and Germany under Adolf Hitler were typical examples of totalitarian governments.