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The increase of wealth of the higher classes bases on capitalism excesses…
The increase of wealth of the higher classes bases on capitalism excesses and the bad living conditions of the working classes, create the rise of the socialist system.
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Socialism as a response
Socialism system
Socialism was a response to the Excess of capitalism abuses in the working classes and the high poberty it created in the industrial revolution and the 20th century. .
It presented an alternative, aimed at improving the lot of the working class and creating a more egalitarian society.
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social democracy and communism emerged as the two most dominant socialist movements throughout the world.
For the societies in the 20th-century Capitalism leads to inequality of wealth and power and to the exploitation of workers. According to socialism, the concepts of individual liberty and equal opportunity apply only to those who control the means of production. In a capitalist society, this means that a handful of wealthy capitalists seize power at the expense of the working class. In a socialist system, however, it is argued that since everyone controls the means of production, everyone is free.
According to socialism, individuals do not live and work in isolation, but cooperate with each other.
in a sense, everything humans produce is a social product, and everyone who contributes to the production of the product has the right to share in it. So society as a whole should own or at least control property for the benefit of all its members.
Socialism is a social and economic doctrine that requires public rather than private ownership or control of property and natural resources.
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The Communist Party of the Soviet Union took the socialist model of economic development in the Soviet Union and established of a centrally planned economic model guided by a country that owns all means of production. This as a response to fascism and the excess of the capitalism system in the 19th and 20th century sociesties around the world.
In the last years of the 20th century, socialism underwent further changes. On a practical level, socialist parties are becoming more and more similar, although this is not necessarily due to closer cooperation between different socialist parties.
The largely stagnant International Bureau of Labour and Socialism met for the last time in April 1940 and was not replaced until 1946.
The outbreak of the Cold War after 1948 forced changes within LSI, which led to the creation of a new organization. Socialist International, 1951. It was particularly successful in supporting a socialist revival in Portugal and Spain when democracy returned to those countries in the late 1970s.
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Reaserch Question
What additional factors facilitated the promotion of socialism at the beginning of the 20th century?
Conclusion
After understanding the impact of the capitalist system during the 19th century and how it impulse the rise of the socialist movement as a solution and response to the abuses of the capital system, it is shown that The increase of wealth of the higher classes was based on capitalism excesses and the bad living conditions of the working classes, create the rise of the socialist system. This is because the socialist system was born as a system of a solution to the injustices of capitalism and its abuse of the working classes and their living conditions.