Question

what were the two different visions of the socialist for future

Answer 1

Socialists had different visions of the future.
Some believed in the idea of cooperatives.
Example:
(i)Robert Owen (1771-1858), a leading English
manufacturer, sought to build a cooperative
community called New Harmony in Indiana (USA)
. Other socialists felt that cooperatives could not
be built on a wide scale only through individual
initiative: they demanded that governments
encourage cooperatives.
(ii)In France, for instance, Louis Blanc
(1813-1882) wanted the government to
encourage cooperatives and replace capitalist
enterprises. These cooperatives were to be
associations of people who produced goods
together and divided the profits according to the
work done by member.

Answer 2

The two different visions of the socialist for future

Different futures were envisioned by socialists.

• Some people supported the concept of cooperatives.
• For instance, Robert Owen (1771-1858), a well-known English industrialist, aimed to create the cooperative town of New Harmony in Indiana, United States. Other socialists believed that government support of cooperatives was necessary since they could not be developed on a large scale solely through human initiative.
• (ii)Louis Blanc (1813–1882), for example, wanted the government to support cooperatives and displace capitalist businesses in France. These cooperatives were to be groups of people that created items jointly and shared earnings based on the labour each member contributed.
• A socialist is someone who thinks that society should own or control various commodities and services rather than private businesses.
• Socialism is a left-wing economic ideology and movement that embraces a variety of economic systems distinguished by the predominance of social ownership over private ownership of the means of production.

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