The main models, which can be found in various permutations, include representations of socialism as:
1) A movement for the improvement of society by collective action (for example, in Fabians)
2) A set of methods and approaches linked with collective action, such as cooperatives, mutual aid, planning and social welfare services (e.g. the co-operative movement);
3) A set of arguments for social and economic organization based on ownership and control by the community (e.g. in syndicalism, guild socialism and anarchism)
4) An ideal model of society based on cooperation and equality (e.g. Owenism and utopian socialism);
5) A critique of industrial society, opposing selfish individualism (e.g. Christian socialism), and
6) A range of values, rather than a particular view of how society works (e.g. the position of the Parti Socialiste Européen in the European Union)” …show more content…
We can elaborate this by taking the historical impact of socialism in Pakistan. In Pakistan the influence of socialism and socialist movements: have taken many different forms as a complement to political conservatism. These socialism obsessive political groups in Pakistan ranged from the hard-liners of the Communist Party to the more liberal enriched parties like Pakistan People’s Party (PPP). But capitalism has always held its sway. From the outset of Pakistan the major socialist parties have failed to instill their major beliefs in the wider prospect of Pakistan. This can be best described by the view that the socialism is a pure theoretical subject and it has no practical implications. We cannot solidify it nor can we give it a shape that truly dictates the very core of socialist perspective. Friedrich Hayek and Milton Friedman have done a major critique on socialism. Friedrich Hayek argued that “the road to socialism leads society to totalitarianism”. Friedman was of the view that “Socialism is the state ownership over the means of production and this impedes the technological progress due to stifled competition”. He further argued that “income sharing reduces individual incentives to work; incomes should be individualized as much as possible”. The socialist view of reductionism and totalitarianism has been severely