Socialism - Part 5

Socialism

From Wikipedia, the free encyclopedia

Socialism in the 21st century

“Those who want to go directly to hell, they can follow capitalism. And those of us who want to build heaven here on earth, we will follow socialism.” - Hugo Chavez

In some Latin American countries, socialism has re-emerged in recent years, with an anti-imperialist stance, the rejection of the policies of neo-liberalism and the nationalisation or part nationalisation of oil production, land and other assets. Venezuelan President Hugo Chávez and Bolivian President Evo Morales, for instance, refer to their political programs as socialist. Chávez has coined the term "21st century socialism" (sometimes translated more literally as "Socialism of the 21st century"). After winning re-election in December 2006, President Chávez said, "Now more than ever, I am obliged to move Venezuela's path towards socialism."

In the developing world, some elected socialist parties and communist parties remain prominent, particularly in India and Nepal. The Communist Party of Nepal in particular calls for multi-party democracy, social equality, and economic prosperity.[50] In China, the Chinese Communist Party has led a transition from the command economy of the Mao period to an economic program they term the socialist market economy or "socialism with Chinese characteristics." Under Deng Xiaoping, the leadership of China embarked upon a program of market-based reform that was more sweeping than had been Soviet leader Mikhail Gorbachev's perestroika program of the late 1980s. Deng's program, however, maintained state ownership rights over land, state or cooperative ownership of much of the heavy industrial and manufacturing sectors and state influence in the banking and financial sectors. In South Africa the ANC abandoned its partial socialist allegiances on taking power and followed a standard neo-liberal route. But from 2005 through to 2007 the country was wracked by many thousands of protests from poor communities. One of these gave rise to a mass movement of shack dwellers, Abahlali baseMjondolo that, despite major police suppression, continues to advocate for popular people's planning and against the marketization of land and housing. Communist candidate Dimitris Christofias won a crucial presidential runoff in Cyprus, defeating his conservative rival with a majority of 53%.[51] The Left Party in Germany has also grown in popularity.

African socialism continues to be a major ideology around the continent.

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I thought a few lessons on Socialism would be a good thing. The above is copied directly from the Wikipedia page on Socialism. I did remove the footnote indicators. The links provided on Wikipedia did not translate (of course), and there are a lot of them! So I elected to not spend an hour or more adding all the links. I suggest you go to Wikipedia (link provided) and read it yourself.