‘Socialism believes in democratic system’. Illuminate.
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Socialism is a reform that was started during the industrial revolution.
It means the distribution of wealth equally among all sections of the society.
There in a democratic system every individual gets equal opportunities and on socialism the concentration of wealth is also equally divided and thus they are interrelated.
Thus, 'Socialism belived in democratic system.'
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‘Socialism believes in democratic system’:
- Socialism believes in a Democratic System in order to inherently defeat Capitalist ideals in the society.
- Democratic socialists argue that the concept capitalism is incompatible with the humanistic values of freedom, equality as well as solidarity and that these ideals can be achieved through the socialist society only.
- Social democracy is an ideology that, but within a capitalistic system, has similar values to socialism.
- Ideology, known as the democracy, in which government actions have their say, encourages a competitive economy of resources and helps people who are not paying a lot for their work.
- Although socialism is a long-term goal, social democracy seeks to create the conditions under which capitalism can achieve greater results in equality, egalitarianism and solidarity.
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