Socialism is a current of thought that originated from the proliferation of capitalism in large societies. Karl Marx and Friedrich Engels, authors of the Communist Manifesto, are considered the most important developers of this idea, which aims to confront from its creation the bases that oppress the proletarian, equalizing the people of a society, eliminating social divisions. The oppression suffered by the marginalized class of society would finally be the turning point for a series of brawls that would lead to the political activism of the offspring and the rise of radical movements such as Anarchism.

what is socialism

Specifically, the term is defined as a social, political and economic current that encompasses various socioeconomic systems that are characterized by the social ownership of each means of production, as well as the self-management of companies thanks to the workers. Here we talk about different political theories, as well as many movements that are associated with this political system.

The term has its genesis in the Latin “sociare”, whose meaning refers to sharing, however, there is another more accurate word within Roman law and it is societas, which alludes to the fellowship and freedom of men.

This current not only implies collective planning, but also the conscious and economic organization of social life, however, within the social classes of socialism, there is no definition that identifies them all, they only have social property as a common part and fundamental to its objectives. It is necessary to say that this movement seeks to overcome the crisis and inefficiencies that are associated with the accumulation of capital and profits that capitalism has.

One can even speak of Christian socialism, a movement that claimed that capitalism was idolatry. Therefore, capitalism and socialism will never go hand in hand, on the contrary, they will always be capitalism vs. socialism.

What is a socialist party

Socialism - Some socialist parties in the world

It is the name of many different political parties around the world. All of these parties claim to advocate some form of socialism, although they may have very different interpretations of what this term means. Statistically, most of these parties defend the democratic movement. Many socialist parties have explicit connections with the labor movement and trade unions and are considered to be national socialism.

Origin of socialism

The intellectual genesis of this current comes from the ideas of the philosopher Plato that were embodied in his work “The Republic”. There, he mentions everything related to justice and injustice that exists in a society and in which very few obtain power.

If we talk about the history of socialism, it is necessary to mention that the term was used for the first time in the year 1766 by Ferdinando Facchinei, who used the word to refer to a concept in the book by Juan Jacques Rousseau about what is known as a contract. relationship between the community and the state.

Within history there are many rebellions and even wars, with the movements of socialism Nazism and fascism being the best known. Now, according to the scientific origin of the term, it is necessary to mention the industrial revolution, which was originally born as a political idea of ​​the well-known Friedrich Engels and Karl Max in the year 1848, all with the purpose of putting an end to the power of the capitalists. .

The industrial revolution was one of the most significant triggers that originated this system of economic, political and social organization, since the rise of companies with their respective representatives marked important bourgeois bases within a society where what was most abundant was the proletariat.

The most basic principles proposed by Marx and Engels in their work were class equality, that is, living in an environment in which there was no social barrier defined by the amount of money or production capacity.

In this political movement, the productive apparatus of this community is in charge of a centralized axis that converts this product into goods for the community, and this distributes it equitably in a fair amount for each one.

With the centralized labor, educational, social and economic mass, trends such as cooperativism arise, which are small organizations that, on account of the socialist system, filter budget and profits to the population to live in a fair dependence on who controls so that everything is equitable. .

This system produces extremist ways of thinking, all in order not to get out of the regime, which would provoke the creation of the class division that the political movement by definition breaks down.

Characteristics of socialism

Socialism - Assembly with the participation of the people

One of the most outstanding characteristics of the movement that is trying to sneak into some nations like Venezuela, is the broad participation of the community in political issues that are the task of the government, but with the purpose of extending the socialist process they are assigned to so the one who “Governs is the people”. So we have an actively political proletariat that in some cases questions the model or the way it is administered.

But in addition to that faithful and fundamental characteristic of the term, it is necessary to speak of public property, which is based on the means of distribution and production being regulated and controlled solely by the State, so that an apparently just society can be maintained. .

There is also the planning of the economy, which is in the hands of the State to avoid the remnants common in capitalism, in addition, it does not need the impulse of supply and demand, so only what is fair is produced, leaving aside the private property and leaving clear differences between capitalism and socialism.

There is also the element of egalitarian society, where wealth is distributed indiscriminately among the people so that minorities do not have privileges, so that social classes are exterminated and people have full access to goods and services regardless of their status. .

Finally, there is the lack of competition within the market, this is due to the fact that the State is the only entrepreneur, since it controls prices within its territory and there is no choice of brands, only what the State offers is consumed.

Advantages and disadvantages of socialism

As in any political and social movement (such as capitalism, socialism and communism) there are different advantages and disadvantages, which will be explained below.


There is no private property in the means of production, social classes are over, all the people can access goods and services without distinction, everyone has the same earnings in a job and health becomes a public issue, leaving privatization totally forgotten.


Since there is no privatization in production, companies must emigrate to avoid losses. By eliminating the privatization of health, the social service does not cover the necessary capacity and quality, so hospitals fall into shortages. By only producing the right amount of products, there is a shortage and the economy declines. All organizations or public entities are run by the same people, so corruption becomes a tentative option.

Difference Between Socialism, Capitalism, and Communism

Although there are many similarities between socialism and communism, they are very different, the same goes for capitalism and each difference will be explained below.

It arises according to the failings of capitalism.Try to totally eliminate private property and end capitalism.It promotes privatization so that each person works and obtains their own goods.
The village leader is democratically elected. They are usually military or populist.The leaders impose themselves just as in a dictatorship.Leaders are elected by the citizens, but must be fit to take office.
The production is public.Both production and goods are public.Privatization and payment of taxes reign.
There is citizen participation in everything.There is no citizen participation.There is participation according to the areas and experience of the people.

example of socialist countries

One of the first valid examples in this aspect is socialism in Cuba, which has remained in power for more than sixty years. But there is also socialism in Mexico, a movement that has gradually implemented every theory of the term, but has not done too well in practice, just as it has in Venezuela over the last 20 years. There is also China, North Korea, Vietnam and Laos, nations in which this movement has triumphed since the last century.

If we talk about socialist parties, there are the PSUV (Venezuela), PST (Colombia), PSA (Albania), PSV and PSF (Belgium), PSC (Chile), PSE (Ecuador), PMS (Mexico) among others.

Frequently Asked Questions about Socialism

What is socialism?

In fixing the natural flaws of capitalism.

How does socialism develop?

As a political, economic and social movement.

What is utopian socialism?

It is the one that focuses on a society with equal opportunities without the need to end social classes.

What is scientific socialism?

A sovereignty based on reason above ideals.

What is private property in socialism?

It is a limit in productivity and in the economy of a country.