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Socialism 1200px-Hammer_and_sickle_red_on_transparent.svg - Coggle Diagram
Socialism
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Socialist Thinkers
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Beatrice Webb
Early member of the Fabian society, who wrote A Constituttion for the Socialist Commonwealth of Great Britain
Rejected the Marxist theory of class struggle, endorsing inevitability of gradualness. Democratic policies would lead to a move towards socialism and working in the interests of the masses
The expansion of the state was critical. Provision of new services would continue until socialism was achieved
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Rosa Luxemburg
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- a revisionist socialist society would leave capitalist exploitation intact. Interests of the working class would be ignored.
- crises of capitalism make its collapse inevitable, so it shouldn't be retained
Argued that class consciousness would naturally develop. This would result in a strike which would bring about a socialist revolution
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Anthony Crosland
In the Future of Socialism, he claimied that capitalism had changed since Marx's time, and would not bring about revolution
Capitalism had been humanised by extension of democracy, growth of trade unions, dispersal of business ownership. Decision making was made by professional managers
With a welfare state, and Keynsianist economics, capitalism could produce high living standards
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Anthony Giddens
Wanted to combine the strengths of neoliberal economics and social democracy, avoiding their weaknesses
Social democracy needed to be modernised with the advent of globalisation and the rise of the knowledge economy
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Free market economy is the most efficient system of production and encourages positive personal qualities
For market system to be fair, everyone needed equal opportunity, which should be maintained by the government
Stressed the importance of community and responsibility to offset negative qualities of free market capitalism and the decline of traditional class structures
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Wanted a social investment state as a contract between citizen and government. The government would take advantage of economic growth by investing in people and improving their opportunities. People would in turn agree to take these opportunities and be productive
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