2024-05-2222:58 Status:Complete
Tags: Anarchism

In a classical sense, this is an umbrella term for ideologies that advocate for work-owned means of production. As in actuality, socialism has several sub ideologies, e.g: Utopian socialism, but is often referring to Communism which is a dub-ideology of Marxism. But in general, socialism supports worker coups; democratic self-management; and work place democracy; redistribution of wealth; taxation of the rich; nationalization of key parts of industry; and social ownership of capital.