Mention the important differences between the Utopian Socialism and Scientific Socialism
Answers
Utopian Socialism:
Utopian socialism is the first currents of the modern socialist thought as shown by the work of Thomas Moore, Henri de Saint-Simon, Charles Fourier and Robert Owen, Which inspired Karl Marx and other early socialist. It is an economic system based on the idea that if capital voluntarily surrendered its ownership of the means of production to the state or the workers, unemployment and poverty would be no more.
Scientific Socialism:
Scientific socialism was developed by the Utopian Socialism. Karl Marx and Friedrich Engels developed it through the inspiration of the Utopian Socialism. It refers to a method for understanding and predicting social, economic, and material phenomena by examining their historical trends through the use of the scientific method in order to derive probable outcomes and probable future developments.