Question

What were the different visions of socialism

Answer 1

Answer:

• socialist were against private property it saw that it was the root of all illness.
• Robert Owen an english manufacturer , made a cooperative known as New Harmony in Indiana
• But many socialist thought that cooperative should be supported by the government
• Karl Marx and Friedrich Engels thought that industrial society was capitalist society they wanted to remove capitalism and establish communist society

Answer 2

QUESTION:-

What were the different visions of socialism?

ANSWER:-

Socialism is a term whose primary goal is to have social equality and distribution of wealth on the basis of the contribution of individuals to society. The other objective of socialism is to have an economic structure that would fulfil the interests of the whole society

THE DIFFERENT VISIONS OF SOCIALISM WERE:-

• Robert Owen is an English manufacturer who brought about a communal which was known as New Harmony in Indiana but many socialists had a feeling that the cooperative needs to be supported by the government.
• Karl Marx and Friedrich Engels thought that the society of industries was a society of capitalism which is why they wanted to reduce capitalism and stabilize communist society.
• Many socialists were against personal wealth because it used to show that their wealth was the origin of all the complications.
• Some socialists thought that the notion of cooperatives can motivate and stimulate cooperative work of economic, social and cultural works that were done by the members.

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