Question

Write a note on Socialism in detail.

Answer 1

=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
♻Һ૯Ր૯ ɿς ע૦υՐ คՈςω૯Ր♻
=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=

sᴏᴄɪᴀʟɪsᴍ ɪs ᴀɴ ᴇᴄᴏɴᴏᴍɪᴄ sʏsᴛᴇᴍ ᴡʜᴇʀᴇ ᴛʜᴇ ᴡᴀʏs ᴏғ ᴍᴀᴋɪɴɢ ᴀ ʟɪᴠɪɴɢ ᴀʀᴇ ᴏᴡɴᴇᴅ ʙʏ ᴀ sᴏᴄɪᴇᴛʏ ᴀs ᴀ ᴡʜᴏʟᴇ, ᴍᴇᴀɴɪɴɢ ᴛʜᴇ ᴠᴀʟᴜᴇ ᴍᴀᴅᴇ ʙᴇʟᴏɴɢs ᴛᴏ ᴇᴠᴇʀʏᴏɴᴇ ɪɴ ᴛʜᴀᴛ sᴏᴄɪᴇᴛʏ, ɪɴsᴛᴇᴀᴅ ᴏғ ᴀ ɢʀᴏᴜᴘ ᴏғ ᴘʀɪᴠᴀᴛᴇ ᴏᴡɴᴇʀs. ᴘᴇᴏᴘʟᴇ ᴡʜᴏ ᴀɢʀᴇᴇ ᴡɪᴛʜ ᴛʜɪs ᴛʏᴘᴇ ᴏғ sʏsᴛᴇᴍ ᴀʀᴇ ᴄᴀʟʟᴇᴅ sᴏᴄɪᴀʟɪsᴛs.

Iᴛ ɪꜱ ᴇᴄᴏɴᴏᴍɪᴄ ᴛʜᴇᴏʀʏ ᴏғ ꜱᴏᴄɪᴀʟ ᴏʀɢᴀɴɪᴢᴀᴛɪᴏɴ ᴛʜᴀᴛ ʙᴇʟɪᴇᴠᴇꜱ ᴛʜᴀᴛ ᴛʜᴇ ᴍᴇᴀɴꜱ ᴏғ ᴍᴀᴋɪɴɢ, ᴍᴏᴠɪɴɢ, ᴀɴᴅ ᴛʀᴀᴅɪɴɢ ᴡᴇᴀʟᴛʜ ꜱʜᴏᴜʟᴅ ʙᴇ ᴏᴡɴᴇᴅ ᴏʀ ᴄᴏɴᴛʀᴏʟʟᴇᴅ ʙʏ ᴛʜᴇ ᴄᴏᴍᴍᴜɴɪᴛʏ ᴀꜱ ᴀ ᴡʜᴏʟᴇ. Iɴ Mᴀʀxɪꜱᴛ ᴛʜᴇᴏʀʏ, ɪᴛ ɪꜱ ᴀ ᴛʀᴀɴꜱɪᴛɪᴏɴᴀʟ (ᴛᴇᴍᴘᴏʀᴀʀʏ, ɪɴ ʙᴇᴛᴡᴇᴇɴ) ꜱᴏᴄɪᴀʟ ꜱᴛᴀᴛᴇ ʙᴇᴛᴡᴇᴇɴ ᴄᴀᴘɪᴛᴀʟɪꜱᴍ ᴀɴᴅ ᴄᴏᴍᴍᴜɴɪꜱᴍ.

ᴅɪsᴀᴅᴠᴀɴᴛᴀɢᴇs ᴏғ sᴏᴄɪᴀʟɪsᴍ ɪɴᴄʟᴜᴅᴇ sʟᴏᴡ ᴇᴄᴏɴᴏᴍɪᴄ ɢʀᴏᴡᴛʜ, ʟᴇss ᴇɴᴛʀᴇᴘʀᴇɴᴇᴜʀɪᴀʟ ᴏᴘᴘᴏʀᴛᴜɴɪᴛʏ ᴀɴᴅ ᴄᴏᴍᴘᴇᴛɪᴛɪᴏɴ, ᴀɴᴅ ᴀ ᴘᴏᴛᴇɴᴛɪᴀʟ ʟᴀᴄᴋ ᴏғ ᴍᴏᴛɪᴠᴀᴛɪᴏɴ ʙʏ ɪɴᴅɪᴠɪᴅᴜᴀʟs ᴅᴜᴇ ᴛᴏ ʟᴇssᴇʀ ʀᴇᴡᴀʀᴅs.

Answer 2

$\textbf{Answer is in Attachment !}$