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Because of challenges in their economies, several of these communist countries have moved from central planning to letting market forces help determine many production and pricing decisions. Market socialism describes a subtype of socialism that adopts certain traits of capitalism, like allowing limited private ownership or consulting market demands. This could involve situations like profits generated by a company going directly to the employees of the company or being used as public funds (Gregory and Stuart 2003). Many Eastern European and some South American countries have mixed economies. Key industries are nationalized and directly controlled by the government; however, most businesses are privately owned and regulated by the government.

Organized socialism never became powerful in the United States. The success of labor unions and the government in securing workers’ rights, joined with the high standard of living enjoyed by most of the workforce, made socialism less appealing than the controlled capitalism practiced here.

A world map depicting the countries which have adopted a socialist economy, and the length of time which they adopted it for.
This map shows countries that have adopted a socialist economy at some point. The colors indicate the duration that socialism prevailed. (Map courtesy of Wikimedia Commons)

Socialism in practice

As with capitalism, the basic ideas behind socialism go far back in history. Plato, in ancient Greece, suggested a republic in which people shared their material goods. Early Christian communities believed in common ownership, as did the systems of monasteries set up by various religious orders. Many of the leaders of the French Revolution called for the abolition of all private property, not just the estates of the aristocracy they had overthrown. Thomas More's Utopia , published in 1516, imagined a society with little private property and mandatory labor on a communal farm. A utopia has since come to mean an imagined place or situation in which everything is perfect. Most experimental utopian communities had the abolition of private property as a founding principle.

Modern socialism really began as a reaction to the excesses of uncontrolled industrial capitalism in the 1800s and 1900s. The enormous wealth and lavish lifestyles enjoyed by owners contrasted sharply with the miserable conditions of the workers.

Some of the first great sociological thinkers studied the rise of socialism. Max Weber admired some aspects of socialism, especially its rationalism and how it could help social reform, but he worried that letting the government have complete control could result in an "iron cage of future bondage" from which there is no escape (Greisman and Ritzer 1981).

Pierre-Joseph Proudon (1809−1865) was another early socialist who thought socialism could be used to create utopian communities. In his 1840 book, What Is Property? , he famously stated that “property is theft” (Proudon 1840). By this he meant that if an owner did not work to produce or earn the property, then the owner was stealing it from those who did. Proudon believed economies could work using a principle called mutualism    , under which individuals and cooperative groups would exchange products with one another on the basis of mutually satisfactory contracts (Proudon 1840).

Questions & Answers

agree , people often think of street crime
Anastasia Reply
absolutely right
Ritu
may be they think only what they want to think or see..
Ritu
use value of commondity
Ritu Reply
how many types of concepts
Ritu Reply
who is the founder of sociology
Yasir Reply
why we study sociology?
Chu Reply
there is a lot of reason that's why we study sociology ... there is no one specific reason I think it's enough to know why youstudy .. I think your question is subjective .
Ritu
I believe that there is no need to tell a sociology student that why do we have to study sociology .. try to understand my point of view look .. if i give you answer of your question that will be subjective .. if you want a general reason so you can read a in books ..
Ritu
l lMillions of books are full of it ..with due respect I am suggesting you to find reason to yourself .. it will give you a better answer than us ..
Ritu
I have thousands of answers to your question but I believe If you try to know by yourself, it will be helpful to know about why we study sociology ..Sociology is not such a subject that we have told something about it and everything has become clear .. No it is not .. Sociology is very different
Ritu
you have to realize ..in short your is easy but no easy as it looks I can give you ans .but if you find by yourself So by doing this you will not forget that life time
Ritu
as we know Some questions look as objective as the outside, and they are absolutely subjective from the inside. I am telling you this in such a detail so that you can do the study yourself.I hope you understand and have not misinterpreted my words
Ritu
for self-development
Anastasia
what is law of trade
Ritu Reply
exchange of value
Sourabh
please could you explain it
Ritu
seller has value for money and buyer has a value for the product he wants hence the basic law of trade is exchange of value now the value accorded to an object can be subjective, but in modern capitalist society, the social and economical institutions have a monopoly of defining value
Sourabh
ok ok
Ritu
what is difference between factor and cause
Ritu Reply
cause is responsible for initiating a phenomena while factor is just one aspect of it. eg: If you want to find the cause of any phenomena, you will find it at the end of your research. But factors will be found during the process of determining the cause and can aid in it.
Sourabh
hmmm good job .and good observation
Ritu
what are the types of sociology
Jerry Reply
There are Two types of sociology. Namely 1) Qualitative sociology 2) Quantitative Sociology.
Syed
But there are sociological trends and theories which came into light over the period of time
Ashish
types can be classified on basis of methodology (qualitative, quantitative, interpretative) on basis of subject matter (sociology of crime, law etc) on basis of perspectives (conflict, structural-functionalist) also historical classification like modernism, post modernism etc.
Sourabh
Hey
Muhammad
every one hear
Muhammad
They are two types of sociology; 1, Basic (pure) sociology and 2,Apply sociology.
Mohamed
p lease if all of you don't mind .. could share your nationalities... may this helpfull in understanding about our culture ..
Ritu Reply
..
Ritu
Indian
Sourabh
may this platform can give us cultural and other relevant knowledge about our societies if we share
Ritu
may this platform can give usefull and relevant knowledge about our socities and cutures
Ritu
what is an approaches bro
Muhammad
what?
Ritu
Nigerian
Amoo
well done 👍 share guys
Ritu
don't worry there is no harm to share about nationalities
Ritu
Indian
SHIVAM
thanks 😊
Ritu
for sharing nationality
Ritu
😁
Amoo
oops I did not even tell about myself .I am fully indian
Ritu
Is that all?
Ritu
the different kind of term for collective behavior is a. groip with same thinking
LISA Reply
plz answer,The grades in various subjects of a student are given below .Testat 5%level of significance that there is sognificant difference ib grades.Mathematics= 72,80,83,75.Statistics=81,74,77,88.English=82,90,87,80.Research=74,71,77,70.
Asma
"same thinking" seems a bit too structured for collective behaviour which is spontaneous and unstructured.
Sourabh
crowd,social moments,moral panic,riots ,disaster,mobs,riots,mass hysteria ,fads and crazes are some kind of collective behaviour
Ritu
one example of collective behaviour like we sing national anthem
Ritu
Ritu verma you are right
Amoo
could all of you share about in which nationality you belong
Ritu Reply
please don't take it other way I am asking bcz it will be good for all to know about nationality since we connected due to this group ... And how many countries have this app spread, how many countries have people connected
Ritu
India
Himanshu
ok
Ritu
Where can find the exam past paper and exercises of sociology?
Sammi Reply
you may search in you tube ... there are some question papers available ..
Ritu
in the city of Pakistan
Abid
🙄🙄
Abid
😥😥😥
Abid
is there. no you tube
Ritu
pls what's today's discussion all about?
Ojewande Reply
every one can start any relevant topic on sociology... bcz every question is imp about society
Ritu
explain the term subculture
Peter
identify and explain four types of subculture in the school
Peter
explain why the status of the teacher is important in schools
Peter
explain the meaning of social stratification
Peter
a subculture is just what is sound like a smaller culture group within a larger culture; people of a subculture are a part of the larger culture but also share a specific identity with in a small group
Ritu
thousands of subculture exits within united state ethnic and racial share language,food and costume of Thier heritage
Ritu
social stratification means .. Differentiation of posts is the main belief of social stratification. Social norms are taught through social stratification.
Ritu
In social stratification, the relationship with different situations becomes part of the social system. In a stratified society, inequality is found in people.According to which some people are considered higher or lower than others
Ritu
respected sir u r asking about why a status of teacher is imp I'm schools.. sir Without a teacher, there cannot be a school. Even a society cannot imagine ... Ancient Time Selekar has changed the nature of the teacher so far. Values ​​did not decrease ..
Ritu
teachers are very important for make a future of students .. everyone comes in this world with some special power ... but He is a teacher who makes a student release his internal power ..
Ritu
Dr. APJ Abdul Kalam has told in one of his autobiography 'The Power of Prayer' that .." we came with a Divine Fire in Us."That Divine Fire cannot be achieved without teacher's help.
Ritu
what's is difference between premonition and foreknowledge
Ritu Reply
hello
suraj
g
Aimal
?
Ritu
difference between prescience and premonition is that prescience is knowledge of events before they take place; foresight; foreknowledge while premonition is a clairvoyant or clairaudient experience, such as a dream, which resonates with so
Aimal
hi
APARNA
in short foreknowledge is the knowledge of something before it's happened .and premonition a knowledgeof something is going to happen specially unpleasant
Ritu
..
Ritu
Hey bro
Muhammad
Who is the father of modern sociology
Shah Reply

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Source:  OpenStax, Introduction to sociology 2e. OpenStax CNX. Jan 20, 2016 Download for free at http://legacy.cnx.org/content/col11762/1.6
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