The Pros And Cons Of Socialism

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For this essay, I will be answering question three. Socialism is defined as the political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole. In layman’s terms, socialism is an ideology that focuses on the community and a society in which everyone contributes into making and sustaining a home for all. This is talked about widely through the political spectrum with people wanting the United States to move to a socialistic society, but some would argue that socialism would not only ruin the economy but also ruin the society from the bottom up. In this essay I will explain how socialism: came into the ideological spectrum, how …show more content…
It would help simply by making everything equal and nothing/no one would be excluded from the economy. It would help destroy poverty and would give everyone not just the right to work, but also the opportunity to do what they want to concerning work. In the book Political Ideologies and the Democratic Ideal, Terrance Ball explains that “socialists are united in their opposition to unrestricted capitalism, which they believe determines the distribution of power in every society in which it is the dominant form of economic exchange.”(Ball 2014:134). In that essence, it would help the economy by destroying the aspect of capitalism, giving everyone the fuel to make money and in turn will cause the economy to flourish. Many people think that if we were to go towards a socialistic society, the economy would not only implode on itself, but would cause the world to fall into yet another great depression like the one that happened during the 20’s and 30’s. This idea primarily comes from a capitalist standpoint but when you realize what they are saying, it is primarily a scare tactic by the rich so that they don’t lose their incomes to …show more content…
Socialism is very democratic in the essence that everyone, whether you are twelve years old or ninety years old, are treated the same and receive the same throughout life. No one will have a more fulfilling or easy way of life than the other, and from the text Understanding Dogmas and Dreams by Nancy Love, she quotes Karl Marx in saying that “to be at home for a human [being] means to contemplate himself in a world that he or she has created” (Love 1998:91). This explains that for socialism, everyone creates the world together and everyone is part of that world, giving everyone the aspect of happiness from the things you create or the “finer things” in life. Now I know that doesn’t really explain why it is good for the environment right from the start, but when you think of it through an environmental perspective, we as humans are intertwined in the environment Starhawk, a very famous Environmental activist and author, states in her essay titled “Webs of Power” that “if we are going to create a new political/economic/social system, one that truly cares for the environment and for human beings, we may need to become indigenous again, to find at least one spot on earth we can know intimately.”(Starhawk 2002:163). With this statement, you can see clearly that if humans were to change their ways and create a new society in socialism, the areas we find will be more intimately

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