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Socialism: The Socialists Of The 19th Century

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Socialism is an economic system that is associated with multiple other economic systems. This system is a range of both economic and political systems based on the idea that wealth should be equally distributed throughout society. Socialism favors ideas that the government should own and control resources instead of the people. "Socialism" is a vague term used to disguise political and economic beliefs, Such as production and distribution of goods are managed by the government rather than by private enterprises or businesses not owned by the government . This way of thinking was easily rejected by the socialists. The socialists disagreed on how much was tolerable under this unlawful idea.
Socialism and communism are two closely related economic systems, both …show more content…
A common issue that was discussed was the wealthy people of the nation during the socialism period. The socialists argued over whether the wealthy deserved their wealth. Many economic issues arose after these conversations. Many felt that the wealthy deserved their wealth simply because they were the ones who created it. Whereas others believed that wealth was developed by the working class and the wealthier people were benefiting from the underpaid laborers. The lower class worked long hours with poor working conditions and little pay while the wealthy class worked under fair conditions. This raised a lot of attention toward the lower case and people questioned whether this harsh treatment followed the idea that wealth should be equally distributed throughout the nation. Democratic socialists believed government control was necessary to make people to become better citizens. They thought that too much control would lead to lack individual freedom. Non-democratic socialists encouraged the idea that the government had the people’s best interest at heart. Others disagreed because practices of their belief ensured the same

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