can anyone give me the explanation for support for socialism - labour party and socialist party?
please give me the answer fast as soon as possible.
Answers
ok this is very easy short the question
Answer:
Socialism is a political, social, and economic philosophy encompassing a range of economic and social systems characterised by social ownership of the means of production and workers' self-management of enterprises. ... Social ownership can be public, collective, cooperative or of equity.
The Labour Party is a centre-left political party in the United Kingdom that has been described as an alliance of social democrats, democratic socialists and trade unionists. ... The Labour Party was founded in 1900, having grown out of the trade union movement and socialist parties of the 19th century.
Socialist Party is the name of many different political parties around the world. ... Statistically, most of these parties advocate either democratic socialism, social democracy or even Third Way as their ideological position. Many Socialist Parties have explicit connections to the labor movement and trade unions.
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