Liberal socialism

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Liberal socialism is a socialist political philosophy that incorporates liberal principles. [1] Liberal socialism does not have the goal of completely abolishing capitalism and replacing it with socialism, [2] but it instead supports a mixed economy that includes both private property and social ownership in capital goods. [3] [4] Although liberal socialism unequivocally favours a market-based economy, it identifies legalistic and artificial monopolies to be the fault of capitalism [5] and opposes an entirely unregulated economy. [6] It considers both liberty and equality to be compatible and mutually dependent on each other. [1]

Socialism is a range of economic and social systems characterised by social ownership of the means of production and workers' self-management, as well as the political theories and movements associated with them. Social ownership can be public, collective or cooperative ownership, or citizen ownership of equity. There are many varieties of socialism and there is no single definition encapsulating all of them, with social ownership being the common element shared by its various forms.

Political philosophy sub-discipline of philosophy and political science

Political philosophy, also known as political theory, is the study of topics such as politics, liberty, justice, property, rights, law, and the enforcement of laws by authority: what they are, if they are needed, what makes a government legitimate, what rights and freedoms it should protect, what form it should take, what the law is, and what duties citizens owe to a legitimate government, if any, and when it may be legitimately overthrown, if ever.

Liberalism is a political and moral philosophy based on liberty, consent of the governed, and equality before the law. Liberals espouse a wide array of views depending on their understanding of these principles, but they generally support limited government, individual rights, capitalism, democracy, secularism, gender equality, racial equality, internationalism, freedom of speech, freedom of the press and freedom of religion. Yellow is the political colour most commonly associated with liberalism.

Contents

Principles that can be described as liberal socialist are based on the works of philosophers such as John Stuart Mill, Eduard Bernstein, John Dewey, Carlo Rosselli, Norberto Bobbio, Chantal Mouffe and Karl Polanyi. [7] Other important liberal socialist figures include Guido Calogero, Piero Gobetti, Leonard Hobhouse, John Maynard Keynes and R. H. Tawney. To Polanyi, liberal socialism's goal was overcoming exploitative aspects of capitalism by expropriation of landlords and opening to all the opportunity to own land. [8] Liberal socialism has been particularly prominent in British and Italian politics. [6]

John Stuart Mill British philosopher and political economist

John Stuart Mill, usually cited as J. S. Mill, was a British philosopher, political economist, and civil servant. One of the most influential thinkers in the history of classical liberalism, he contributed widely to social theory, political theory, and political economy. Dubbed "the most influential English-speaking philosopher of the nineteenth century", Mill's conception of liberty justified the freedom of the individual in opposition to unlimited state and social control.

Eduard Bernstein German politician

Eduard Bernstein was a German social-democratic Marxist theorist and politician. A member of the Social Democratic Party (SPD), Bernstein had held close association to Karl Marx and Friedrich Engels, but he saw flaws in Marxist thinking and began to criticize views held by Marxism when he investigated and challenged the Marxist materialist theory of history. He rejected significant parts of Marxist theory that were based upon Hegelian metaphysics and rejected the Hegelian dialectical perspective.

John Dewey American philosopher, psychologist, and educational reformer

John Dewey was an American philosopher, psychologist, and educational reformer whose ideas have been influential in education and social reform. Dewey is one of the primary figures associated with the philosophy of pragmatism and is considered one of the fathers of functional psychology. A Review of General Psychology survey, published in 2002, ranked Dewey as the 93rd most cited psychologist of the 20th century. A well-known public intellectual, he was also a major voice of progressive education and liberalism. Although Dewey is known best for his publications about education, he also wrote about many other topics, including epistemology, metaphysics, aesthetics, art, logic, social theory, and ethics. He was a major educational reformer for the 20th century.

Liberal socialism's seminal ideas can be traced to John Stuart Mill, who theorised that capitalist societies should experience a gradual process of socialisation through worker-controlled enterprises, coexisting with private enterprises. [9] Mill rejected centralised models of socialism that could discourage competition and creativity, but he argued that representation is essential in a free government and democracy could not subsist if economic opportunities were not well distributed, therefore conceiving democracy not just as form of representative government, but as an entire social organisation. [10]

Social ownership is any of various forms of ownership for the means of production in socialist economic systems, encompassing public ownership, employee ownership, cooperative ownership, citizen ownership of equity, common ownership and collective ownership. Historically social ownership implied that capital and factor markets would cease to exist under the assumption that market exchanges within the production process would be made redundant if capital goods were owned by a single entity or network of entities representing society, but the articulation of models of market socialism where factor markets are utilized for allocating capital goods between socially owned enterprises broadened the definition to include autonomous entities within a market economy. Social ownership of the means of production is the common defining characteristic of all the various forms of socialism.

Cooperative autonomous association of persons or organizations

A cooperative is "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise". Cooperatives may include:

Centralisation or centralization is the process by which the activities of an organization, particularly those regarding planning and decision-making, framing strategy and policies become concentrated within a particular geographical location group. This moves the important decision-making and planning powers within the center of the organisation.

Variants and their history

Britain

John Stuart Mill

John Stuart Mill, influential 19th century English thinker of liberalism who adopted some socialist views John Stuart Mill by London Stereoscopic Company, c1870.jpg
John Stuart Mill, influential 19th century English thinker of liberalism who adopted some socialist views

The main liberal English thinker John Stuart Mill's early economic philosophy was one of free markets. However, he accepted interventions in the economy, such as a tax on alcohol, if there were sufficient utilitarian grounds. He also accepted the principle of legislative intervention for the purpose of animal welfare. [11] Mill originally believed that "equality of taxation" meant "equality of sacrifice" and that progressive taxation penalised those who worked harder and saved more and was therefore "a mild form of robbery". [12]

Philosophy and economics, also philosophy of economics, studies topics such as rational choice, the appraisal of economic outcomes, institutions and processes, and the ontology of economic phenomena and the possibilities of acquiring knowledge of them.

In economics, a free market is a system in which the prices for goods and services are determined by the open market and by consumers. In a free market, the laws and forces of supply and demand are free from any intervention by a government or other authority and from all forms of economic privilege, monopolies and artificial scarcities. Proponents of the concept of free market contrast it with a regulated market in which a government intervenes in supply and demand through various methods such as tariffs used to restrict trade and to protect the local economy. In an idealized free-market economy, prices for goods and services are set freely by the forces of supply and demand and are allowed to reach their point of equilibrium without intervention by government policy.

Equality of sacrifice

Equality of sacrifice is a term used in political theory and political philosophy to refer to the perceived fairness of a coercive policy.

Given an equal tax rate regardless of income, Mill agreed that inheritance should be taxed. A utilitarian society would agree that everyone should be equal one way or another. Therefore, receiving inheritance would put one ahead of society unless taxed on the inheritance. Those who donate should consider and choose carefully where their money goes—some charities are more deserving than others. Considering public charities boards such as a government will disburse the money equally. However, a private charity board like a church would disburse the monies fairly to those who are in more need than others. [13]

Inheritance practice of passing on property upon the death of individuals

Inheritance is the practice of passing on property, titles, debts, rights, and obligations upon the death of an individual. The rules of inheritance differ among societies and have changed over time.

Mill later altered his views toward a more socialist bent, adding chapters to his Principles of Political Economy in defence of a socialist outlook and defending some socialist causes. [14] Within this revised work, he also made the radical proposal that the whole wage system be abolished in favour of a co-operative wage system. Nonetheless, some of his views on the idea of flat taxation remained, [15] albeit altered in the third edition of the Principles of Political Economy to reflect a concern for differentiating restrictions on "unearned" incomes, which he favoured; and those on "earned" incomes, which he did not favour. [16]

<i>Principles of Political Economy</i> book by John Stuart Mill

Principles of Political Economy (1848) by John Stuart Mill was one of the most important economics or political economy textbooks of the mid-nineteenth century. It was revised until its seventh edition in 1871, shortly before Mill's death in 1873, and republished in numerous other editions. Beside discussing descriptive issues such as which nations tended to benefit more in a system of trade based on comparative advantage, the work also discussed normative issues such as ideal systems of political economy, critiquing proposed systems such as communism and socialism. Along with A System of Logic, Principles of Political Economy established Mill's reputation as a leading public intellectual. Mill's sympathetic attitude in this work and in other essays toward contemporary socialism, particularly Fourierism, earned him esteem from the working class as one of their intellectual champions.

Mill's Principles of Political Economy, first published in 1848, was one of the most widely read of all books on economics in the period. [17] As Adam Smith's Wealth of Nations had during an earlier period, Mill's Principles of Economy dominated economics teaching. In the case of Oxford University, it was the standard text until 1919 when it was replaced by Alfred Marshall's Principles of Economics .

At some point, Mill also promoted substituting capitalist businesses with worker cooperatives, saying:

The form of association, however, which if mankind continue to improve, must be expected in the end to predominate, is not that which can exist between a capitalist as chief, and work-people without a voice in the management, but the association of the labourers themselves on terms of equality, collectively owning the capital with which they carry on their operations, and working under managers elected and removable by themselves. [18]

Ethical socialism

R. H. Tawney, founder of ethical socialism R. H. Tawney.jpg
R. H. Tawney, founder of ethical socialism

Liberal socialism has exercised influence in British politics, especially in the variant known as ethical socialism. [19] [20] A key component of ethical socialism is in its emphasis on moral and ethical critiques of capitalism and building a case for socialism on moral or spiritual grounds as opposed to rationalist and materialist grounds. Ethical socialists advocated a mixed economy that involves an acceptance of a role of both public enterprise as well as socially responsible private enterprise. [4] Ethical socialism was founded by Christian socialist R. H. Tawney and its ideals were also connected to Fabian and guild-socialist values. [21]

It emphasises the need for a morally conscious economy based upon the principles of service, cooperation and social justice while opposing possessive individualism. [22] Ethical socialism is distinct in its focus on criticism of the ethics of capitalism and not merely criticism of material issues of capitalism. Tawney denounced the self-seeking amoral and immoral behaviour that he claimed is supported by capitalism. [20] He opposed what he called the "acquisitive society" that causes private property to be used to transfer surplus profit to "functionless owners"—capitalist rentiers. [22] However, Tawney did not denounce managers as a whole, believing that management and employees could join together in a political alliance for reform. [22] He supported the pooling of surplus profit through means of progressive taxation to redistribute these funds to provide social welfare, including public health care, public education and public housing. [23]

Tawney advocated nationalisation of strategic industries and services. [24] He also advocated worker participation in the business of management in the economy as well as consumer, employee, employer and state cooperation in the economy. [24] Though he supported a substantial role for public enterprise in the economy, Tawney stated that where private enterprise provided a service that was commensurate with its rewards that was functioning private property, then a business could be usefully and legitimately be left in private hands. [4] Ethical socialist Thomas Hill Green supported the right of equal opportunity for all individuals to be able freely appropriate property, but he claimed that acquisition of wealth did not imply that an individual could do whatever they wanted to once that wealth was in their possession. Green opposed "property rights of the few" that were preventing the ownership of property by the many. [25]

Ethical socialism is an important ideology of the British Labour Party. Labour Prime Minister Clement Attlee supported the ideology, which played a large role in his party's policies during the postwar 1940s. [26] Half a century after Attlee's tenure, Tony Blair, another Labour Prime Minister, also described himself as an adherent of ethical socialism, which for him embodies the values of "social justice, the equal worth of each citizen, equality of opportunity, community". [27] Influenced by Attlee and John Macmurray (who himself was influenced by Green), [28] Blair has defined the ideology in similar terms as earlier adherents—with an emphasis on the common good, rights and responsibilities as well as support of an organic society in which individuals flourish through cooperation. [28] Blair argued that Labour ran into problems in the 1960s and 1970s when it abandoned ethical socialism and that its recovery required a return to the values promoted by the Attlee government. [6] However, Blair's critics (both inside and outside Labour) have accused him of completely abandoning socialism in favour of capitalism. [29]

Germany

Willy Brandt, Chancellor of West Germany (1969-1974) Bundesarchiv B 145 Bild-F057884-0009, Willy Brandt.jpg
Willy Brandt, Chancellor of West Germany (1969–1974)

An early version of liberal socialism was developed in Germany by Franz Oppenheimer. [30] Though he was committed to socialism, Oppenheimer's theories inspired the development of the social liberalism that was pursued by German Chancellor Ludwig Erhard, who said the following: "As long as I live, I will not forget Franz Oppenheimer! I will be as happy if the social market economy—as perfect or imperfect as it might be—continues to bear witness to the work, to the intellectual stance of the ideas and teachings of Franz Oppenheimer". [30]

In the 1930s, the Social Democratic Party of Germany (SPD), a reformist socialist political party that was up to then based upon revisionist Marxism, began a transition away from Marxism towards liberal socialism. After it was banned by the Nazi regime in 1933, the SPD acted in exile through the Sopade. In 1934, the Sopade began to publish material that indicated that the SPD was turning towards liberal socialism. [31] Curt Geyer, a prominent proponent of liberal socialism within the Sopade, declared that Sopade represented the tradition of Weimar Republic social democracy—liberal democratic socialism and declared that Sopade's held true to its mandate of traditional liberal principles combined with the political realism of socialism. [32] After the restoration of democracy in West Germany, the SPD's Godesberg Program in 1959 eliminated the party's remaining Marxist policies. The SPD then became officially based upon freiheitlicher Sozialismus (liberal socialism). [33] West German Chancellor Willy Brandt has been identified as a liberal socialist. [34]

Italy

Carlo Rosselli Carlo Rosselli 1.jpg
Carlo Rosselli

Italian socialist Carlo Rosselli was inspired by the definition of socialism by the founder of social democracy, Eduard Bernstein, who defined socialism as "organised liberalism". Rosselli expanded on Bernstein's arguments by developing his notion of liberal socialism (Italian : socialismo liberale). [35] In 1925, Rosselli defined the ideology in his work of the same name in which he supported the type of socialist economy defined by socialist economist Werner Sombart in Der modern Kapitalismus (1908) that envisaged a new modern mixed economy that included both public and private property, limited economic competition and increased economic cooperation. [3] While appreciating principles of liberalism as an ideology that emphasised liberation, Rosselli was deeply disappointed with liberalism as a system that he described as having been used by the bourgeoisie to support their privileges while neglecting the liberation components of liberalism as an ideology and thus viewed conventional liberalism as a system that had merely become an ideology of "bourgeois capitalism". [36] At the same time, Rosselli appreciated socialism as an ideology, but he was also deeply disappointed with conventional socialism as a system. [37] In response to his disappointment with conventional socialism in practice, Roselli declared: "The recent experiences, all the experiences of the past thirty years, have hopelessly condemned the primitive programs of the socialists. State socialism especially—collectivist, centralising socialism—has been defeated". [37] Rosselli's liberal socialism was partly based upon his study and admiration of British political themes of the Fabian Society and John Stuart Mill (he was able to read the English versions of Mill's work On Liberty prior to its availability in Italian that began in 1925). His admiration of British socialism increased after his visit to the United Kingdom in 1923 where he met George Drumgoole Coleman, R. H. Tawney and other members of the Fabian Society. [38]

An important component of Italian liberal socialism developed by Rosselli was its anti-fascism. [39] Rosselli opposed fascism and believed that fascism would only be defeated by a revival of socialism. [39] Rosselli founded the Giustizia e Libertà (Justice and Liberty) movement as a resistance movement founded in the 1930s in opposition to the Fascist regime in Italy. [40] Ferruccio Parri—who later became Prime Minister of Italy—and Sandro Pertini—who later became President of Italy—were among Giustizia e Libertà's leaders. [36] Giustizia e Libertà was committed to militant action to fight the Fascist regime and it saw Benito Mussolini as a ruthless murderer who himself deserved to be killed as punishment. [41] Various early schemes were designed by the movement in the 1930s to assassinate Mussolini, including one dramatic plan of using an aircraft to drop a bomb on Piazza Venezia where Mussolini resided. [39]

Sandro Pertini, President of Italy (1978-1985) Pertini ritratto.jpg
Sandro Pertini, President of Italy (1978–1985)

After Rosselli's death, liberal socialism was developed in Italian political thought by Guido Calogero. [42] Unlike Rosselli, Calogero considered the ideology as a unique ideology of "liberalsocialism" that was separate from existing liberal and socialist ideologies. [42] Calogero created the "First Manifesto of Liberalsocialism" in 1940 that stated the following:

At the basis of liberalsocialism stands the concept of the substantial unity and identity of ideal reason, which supports and justifies socialism in its demand for justice as much as it does liberalism in its demand for liberty. This ideal reason coincides with that same ethical principle to whose rule humanity and civilization, both past and future, must always measure up. This is the principle by which we recognize the personhood of others in contrast to our own person and assign to each of them a right to own their own.

After World War II, Ferruccio Parri of the liberal socialist Action Party briefly served as Prime Minister of Italy in 1945. [38] [43] In 1978, liberal socialist Sandro Pertini of the Italian Socialist Party was elected President of Italy in 1978 and served as President until 1985. [43]

Belgium

Chantal Mouffe is a prominent Belgian advocate of liberal socialism. [44] She describes liberal socialism as the following:

To deepen and enrich the pluralist conquests of liberal democracy, the articulation between political liberalism and individualism must be broken, to make possible a new approach to individuality that restores its social nature without reducing it to a simple component of an organic whole. This is where the socialist tradition of thought might still have something to contribute to the democratic project and herein lies the promise of a liberal socialism.

Hungary

In 1919, the Hungarian politician Oszkár Jászi declared his support for what he termed "liberal socialism" while denouncing "communist socialism". [45] Opposed to classical social democracy's prevalent focus on support from the working class, Jászi saw the middle class and smallholder peasants as essential to the development of socialism and spoke of the need of a "radical middle-class". [45] His views were especially influenced by events in Hungary in 1919 involving the Bolshevik revolution during which he specifically denounced the Marxist worldview shortly after the collapse of the Hungarian Soviet Republic, calling his views "Anti-Marx". His criticism of Marxism was centered on its mechanical and value-free and amoral methodology: [46]

In no small measure, the present terrible, bewildering world crisis is a consequence of Marxism's mechanical Communism and amoral nihilism. New formulas of spirit, freedom and solidarity have to be found.

Jászi promoted a form of co-operative socialism that included liberal principles of freedom, voluntarism and decentralization. [45] He counterpoised this ideal version of socialism with the then-existing political system in the Soviet Union, which he identified as based upon dictatorial and militarist perils, statism and a crippled economic order where competition and quality are disregarded. [47]

Jászi's views on socialism and especially his works justifying the denouncement of Bolshevik Communism came back into Hungarian public interest in the 1980s when copies of his manuscripts were discovered and were smuggled into Hungary that was then under Communist rule. [47]

See also

Notes

  1. 1 2 Gerald F. Gaus, Chandran Kukathas. Handbook of Political Theory. SAGE Publications, 2004. p. 420.
  2. Ian Adams. Ideology and Politics in Britain Today. Manchester University Press, 1998. p. 127.
  3. 1 2 Pugliese, 1999, p. 99.
  4. 1 2 3 Thompson, 2006, pp. 60–61.
  5. Roland Willey Bartlett. The Success of Modern Private Enterprise. Interstate Printers & Publishers, 1970. p. 32. "Liberal socialism, for example, is unequivocally in favour of the free market economy and of freedom of action for the individual and recognises in legalistic and artificial monopolies the real evils of capitalism."
  6. 1 2 3 Steve Bastow, James Martin. Third way discourse: European ideologies in the twentieth century. Edinburgh, Scotland, UK: Edinburgh University Press, Ltd, 2003. p. 72.
  7. Nadia Urbinati. J.S. Mill's Political Thought: A Bicentennial Reassessment. Cambridge University Press, 2007. p. 101.
  8. Dale, Gareth (14 June 2016). Karl Polanyi: A Life on the Left. Columbia University Press. ISBN   9780231541480 . Retrieved 4 April 2018 via Google Books.
  9. Miller, Dale E. (2003). "Mill's 'Socialism". Politics, Philosophy & Economics. 2 (2): 213–238. doi:10.1177/1470594x03002002004.
  10. Rocha, FJS (2010). "John Stuart Mill on Socialism and Accountability".
  11. Archived 26 June 2008 at the Wayback Machine
  12. "IREF | Pour la liberte economique et la concurrence fiscale" (PDF). Archived 27 March 2009 at the Wayback Machine
  13. (Strasser, 1991).
  14. Mill, John Stuart and Bentham, Jeremy edited by Ryan, Alan. (2004). Utilitarianism and other essays. London: Penguin Books. p. 11. ISBN   978-0-14-043272-5.CS1 maint: Multiple names: authors list (link)
  15. Wilson, Fred (2007). "John Stuart Mill: Political Economy". Stanford Encyclopedia of Philosophy. Stanford University . Retrieved 4 May 2009.
  16. Mill, John Stuart (1852). "On The General Principles of Taxation, V.2.14". Principles of Political Economy. Library of Economics and Liberty. (3rd edition; the passage about flat taxation was altered by the author in this edition, which is acknowledged in this online edition's footnote 8: "This sentence replaced in the 3rd ed. a sentence of the original: 'It is partial taxation, which is a mild form of robbery'").
  17. Ekelund, Robert B. Jr.; Hébert, Robert F. (1997). A history of economic theory and method (4th ed.). Waveland Press [Long Grove, Illinois]. p. 172. ISBN   978-1-57766-381-2.
  18. Principles of Political Economy with some of their Applications to Social Philosophy, IV.7.21. John Stuart Mill: Political Economy, IV.7.21.
  19. John Dearlove, Peter Saunders. Introduction to British Politics. Wiley-Blackwell, 2000. p. 427.
  20. 1 2 Thompson, 2006, p. 52.
  21. Thompson, 2006, p. 52, 58, 60.
  22. 1 2 3 Thompson, 2006, p. 58.
  23. Thompson, 2006, p. 58–59.
  24. 1 2 Thompson, 2006, p. 59.
  25. Carter, 2003, p. 35.
  26. David Howell. Attlee. Haus Publishing Ltd, 2006. pp. 130–132.
  27. Stephen D. Tansey, Nigel A. Jackson. Politics: The Basics. Fourth Edition. Routledge, 2008. p. 97.
  28. 1 2 Carter, 2003, p. 189–190.
  29. Florence Faucher-King, Patrick Le Galès, Gregory Elliott. The New Labour Experiment: Change and Reform Under Blair and Brown. Stanford University Press, 2010. p. 18.
  30. 1 2 Kevin Rep. Reformers, critics, and the paths of German modernity: anti-politics and the search for alternatives, 1890–1914. Harvard University Press, 2000. p. 238.
  31. Edinger, 1956, p. 215.
  32. Edinger, 1956, p. 219–220.
  33. Dietrich Orlow. Common destiny:a comparative history of the Dutch, French, and German social democratic parties, 1945–1969. Berghahn Books, 2000. p. 108.
  34. Stephen Eric Bronner. Ideas in action: political tradition in the twentieth century. Rowman & Littlefield Publishers, Inc., 1999. p. 104.
  35. Manfred B. Steger. The Quest for Evolutionary Socialism. Cambridge, England, UK: Cambridge University Press, 2006. p. 146.
  36. 1 2 Pugliese, 1999, p. 51.
  37. 1 2 Pugliese, 1999, p. 53.
  38. 1 2 Pugliese, 1999, p. 59–60.
  39. 1 2 3 Zygmunt G. Barański, Rebecca J. West. "Socialism, Communism, and other 'isms'" by Robert S. Dombroski, The Cambridge companion to modern Italian culture. Cambridge, England, UK: Cambridge University Press, 2001. p. 122.
  40. James D. Wilkinson. The Intellectual Resistance Movement in Europe. Harvard University Press, 1981. p. 224.
  41. Spencer Di Scala. Italian socialism: between politics and history. Boston, Massachusetts, USA: University of Massachusetts Press, 1996. p. 87.
  42. 1 2 Luiz Carlos Bresser-Pereira. Democracy and public management reform: building the republican state. Oxford, England, UK: Oxford University Press, 2004. p. 84.
  43. 1 2 Pugliese, 1999, p. 236.
  44. María José Coperiás Aguilar. Culture and power: challenging discourses. English edition. Valencia, Spain: Valencia University Press, Ltd., 2000. p. 39.
  45. 1 2 3 Litván, 2006, p. 125.
  46. Litván, 2006, p. 199.
  47. 1 2 Litván, 2006, p. 200.

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The modern welfare state has been criticized on economic and moral grounds from all ends of the political spectrum. Many have argued that the provision of tax-funded services or transfer payments reduces the incentive for workers to seek employment, thereby reducing the need to work, reducing the rewards of work and exacerbating poverty. On the other hand, socialists typically criticize the welfare state as championed by social democrats as an attempt to legitimize and strengthen the capitalist economy system which conflicts with the socialist goal of replacing capitalism with a socialist economic system.

Democratic socialism is a political philosophy that advocates political democracy alongside a socially owned economy, with an emphasis on workers' self-management and democratic control of economic institutions within a market or some form of a decentralised planned socialist economy. Democratic socialists argue that capitalism is inherently incompatible with the values of liberty, equality and solidarity and that these ideals can be achieved only through the realisation of a socialist society. Democratic socialism can support either revolutionary or reformist politics as a means to establish socialism.

Socialism is a range of economic and social systems characterised by social ownership and democratic control of the means of production as well as the political theories and movements associated with them. Social ownership may refer to forms of public, collective or cooperative ownership, or to citizen ownership of equity. There are many varieties of socialism and there is no single definition encapsulating all of them, though social ownership is the common element shared by its various forms. Socialist economic systems can be further divided into market and non-market forms. The word socialism thus refers to a broad range of theoretical and historical socioeconomic systems and has also been used by many political movements throughout history to describe themselves and their goals, generating numerous types of socialism.

Centre-left politics or center-left politics, also referred to as moderate-left politics, are political views that lean to the left-wing on the left–right political spectrum, but closer to the centre than other left-wing politics. Those on the centre-left believe in working within the established systems to improve social justice. The centre-left promotes a degree of social equality that it believes is achievable through promoting equal opportunity. The centre-left has promoted luck egalitarianism, which emphasizes the achievement of equality requires personal responsibility in areas in control by the individual person through their abilities and talents as well as social responsibility in areas outside control by the individual person in their abilities or talents.

Market socialism is a type of economic system involving the public, cooperative or social ownership of the means of production in the framework of a market economy. Market socialism differs from non-market socialism in that the market mechanism is utilized for the allocation of capital goods and the means of production. Depending on the specific model of market socialism, profits generated by socially owned firms may variously be used to directly remunerate employees, accrue to society at large as the source of public finance or be distributed amongst the population in a social dividend.

Ethical socialism is a political philosophy that appeals to socialism on ethical and moral grounds as opposed to economic, egoistic, and consumeristic grounds. It emphasizes the need for a morally conscious economy based upon the principles of altruism, cooperation, and social justice while opposing possessive individualism. In contrast to socialism inspired by rationalism, historical materialism, neoclassical economics, and Marxist theory which base their appeals for socialism on grounds of economic efficiency, rationality, or historical inevitability, ethical socialism focuses on the moral and ethical reasons for advocating socialism.

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