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6.3
Schools of Thought - Coggle Diagram
6.3
Schools of Thought
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Socialism
The people as a whole rather than private individuals own & operate the means of production (factories, equipment, etc)
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Marx & Communism
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Communism - the philosophy that a classless society would own the means of production for the common good of all
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Adoption of Marxism
Social Democracy: political ideology in which there is a gradual transition from capitalism into socialism instead of a sudden, violent overthrow of the system
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1917 Bolsheviks take power in Russia through a violent revolution and create the world's first communist country
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