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1 what do you understand by socialist ideology ?

Posted by Vishal Vishal 4 years, 9 months ago

CBSE > Class 09 > Social Science

1 answers

Yogita Ingle 4 years, 9 months ago

Socialist ideology thus has both critical and constructive aspects. Critically, it provides an account of what’s wrong with capitalism; constructively, it provides a theory of how to transcend capitalism’s flaws, namely, by transcending capitalism itself, replacing capitalism’s central features (private property, markets, profits) with socialist alternatives (at a minimum social property, but typically planning and production for use as well).

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CBSE > Class 09 > Social Science