Left-wing politics describes the range of political ideologies that support and seek to achieve social equality and egalitarianism, often in opposition to social hierarchy as a whole or certain social hierarchies. Left-wing politics typically involve a concern for those in society whom its adherents perceive as disadvantaged relative to others as well as a belief that there are unjustified inequalities that need to be reduced or abolished through radical means that change the nature of the society they are implemented in. According to emeritus professor of economics Barry Clark, supporters of left-wing politics "claim that human development flourishes when individuals engage in cooperative, mutually respectful relations that can thrive only when excessive differences in status, power, and wealth are eliminated."
State capitalism is an economic system in which the state undertakes business and commercial economic activity and where the means of production are nationalized as state-owned enterprises. The definition can also include the state dominance of corporatized government agencies or of public companies in which the state has controlling shares.
Trotskyism is the political ideology and branch of Marxism developed by Russian revolutionary Leon Trotsky and some other members of the Left Opposition and Fourth International. Trotsky described himself as an orthodox Marxist, a revolutionary Marxist, and a Bolshevik–Leninist as well as a follower of Marx, Engels, Vladimir Lenin, Karl Liebknecht, and Rosa Luxemburg.
The Fourth International (FI) was established in France in 1938 by Leon Trotsky and his supporters, having been expelled from the Soviet Union and the Communist International.
Late capitalism is a term first used in print by German economist Werner Sombart around the turn of the 20th century. In the late 2010s, the term began to be used in the United States and Canada to refer to corporate capitalism.
The Revolutionary Socialist League (RSL) was a Trotskyist group in the United States established in 1973 and disbanded in 1989.
Superprofit, surplus profit or extra surplus-value is a concept in Karl Marx's critique of political economy subsequently elaborated by Vladimir Lenin and other Marxist thinkers.
The two-stage theory, or stagism, is a Marxist–Leninist political theory which argues that underdeveloped countries such as Tsarist Russia must first pass through a stage of capitalism via a bourgeois revolution before moving to a socialist stage.
Before the perestroika Soviet era reforms of Gorbachev that promoted Eurocommunism, the majority of its history it went the formal ideology of the Communist Party of the Soviet Union (CPSU) was Marxism–Leninism, a form of socialism consisting of a centralised command economy with a vanguardist one-party state that aimed to realize the dictatorship of the proletariat. The Soviet Union's ideological commitment to achieving communism included the national communist development of socialism in one country and peaceful coexistence with capitalist countries while engaging in anti-imperialism to defend the international proletariat, combat the predominant prevailing global system of capitalism and promote the goals of Russian Communism. The state ideology of the Soviet Union—and thus Marxism–Leninism—derived and developed from the theories, policies and political praxis of Marx, Engels, Lenin and Stalin.
Bureaucratic collectivism is a theory of class society. It is used by some Trotskyists to describe the nature of the Soviet Union under Joseph Stalin and other similar states in Central and Eastern Europe and elsewhere.
The third camp, also known as third camp socialism or third camp Trotskyism, is a branch of socialism that aims to oppose both capitalism and Stalinism by supporting the organised working class as a "third camp".
State socialism is a political and economic ideology within the socialist movement that advocates state ownership of the means of production. This is intended either as a temporary measure, or as a characteristic of socialism in the transition from the capitalist to the socialist mode of production or to a communist society. State socialism was first theorised by Ferdinand Lassalle. It advocates a planned economy controlled by the state in which all industries and natural resources are state-owned.
Imperialism, the Highest Stage of Capitalism, originally published as Imperialism, the Newest Stage of Capitalism, is a book written by Vladimir Lenin in 1916 and published in 1917. It describes the formation of oligopoly, by the interlacing of bank and industrial capital, in order to create a financial oligarchy, and explains the function of financial capital in generating profits from the exploitation colonialism inherent to imperialism, as the final stage of capitalism. The essay synthesises Lenin's developments of Karl Marx's theories of political economy in Das Kapital (1867).
The socialist mode of production, or simply (Marxist) socialism or communism as Karl Marx and Friedrich Engels used the terms communism and socialism interchangeably, is a specific historical phase of economic development and its corresponding set of social relations that emerge from capitalism in the schema of historical materialism within Marxist theory. The Marxist definition of socialism is that of production for use-value, therefore the law of value no longer directs economic activity. Marxist production for use is coordinated through conscious economic planning. According to Marx, distribution of products is based on the principle of "to each according to his needs"; Soviet models often distributed products based on the principle of "to each according to his contribution". The social relations of socialism are characterized by the proletariat effectively controlling the means of production, either through cooperative enterprises or by public ownership or private artisanal tools and self-management. Surplus value goes to the working class and hence society as a whole.
Revolutionary socialism is a political philosophy, doctrine, and tradition within socialism that stresses the idea that a social revolution is necessary to bring about structural changes in society. More specifically, it is the view that revolution is a necessary precondition for transitioning from a capitalist to a socialist mode of production. Revolution is not necessarily defined as a violent insurrection; it is defined as a seizure of political power by mass movements of the working class so that the state is directly controlled or abolished by the working class as opposed to the capitalist class and its interests.
A people's democratic state is a purported base and superstructural relation that a communist state reaches. The base in this case in non-socialist and the class character of the state is normally an alliance of various classes led by the proletariat, which acts as the state's leading ruling class. Currently, only Laos practices this class system. According to Its constitution, Laos is a people's democratic state where "all powers are of the people, by the people and for the interests of the multi-ethnic people of all strata in society, with workers, farmers, and intellectuals as key components." The communist states of the Eastern Bloc were also established as people's democracies. In Czechoslovakia's case, this meant, according to Klement Gottwald, that the working class "governs, along with the mass of the peasantry, the urban middle classes, the working intelligentsia and a part of the Czech and Slovak bourgeoisie; the government's direction, the government's line of policy, is therefore determined, not by large capital as earlier, but by the working class and the working people, headed by the Communist Party."
Orthodox Marxism is the body of Marxist thought which emerged after the death of Karl Marx and Friedrich Engels in the late 19th century, expressed in its primary form by Karl Kautsky. Kautsky's views of Marxism dominated the European Marxist movement for two decades, and orthodox Marxism was the official philosophy of the majority of the socialist movement as represented in the Second International until the First World War in 1914, whose outbreak caused Kautsky's influence to wane and brought to prominence the orthodoxy of Vladimir Lenin. Orthodox Marxism aimed to simplify, codify and systematize Marxist method and theory by clarifying perceived ambiguities and contradictions in classical Marxism. It overlaps significantly with Instrumental Marxism.
A socialist state is a purported base and superstructural relation that a communist state reaches. The base of the socialist state is the socialist mode of production. The superstructure is the class character of the state, which is the dictatorship of the proletariat in which the proletariat acts as the ruling class. The exception to this rule was the Soviet Union. From 1961 onwards, the Communist Party of the Soviet Union (CPSU) argued it had created a developed socialist society where the proletarian dictatorship had been replaced by a socialist state of the whole people since all the exploitative classes had been defeated. The Communist Party of China vehemently opposed this theory and argued that every state formation had to have a ruling class.
Proletarian internationalism, sometimes referred to as socialist internationalism, is the perception of all proletarian revolutions as being part of a single global class struggle rather than separate localized events. It is based on the theory that capitalism is a world-system and therefore the working classes of all nations must act in concert if they are to replace it with communism.
World communism, also known as global communism or international communism, is a form of communism placing emphasis on an international scope rather than being individual communist states. The long-term goal of world communism is an unlimited worldwide communist society that is classless, moneyless, stateless, and nonviolent, which may be achieved through an intermediate-term goal of either a voluntary association of sovereign states as a global alliance, or a world government as a single worldwide state.
