Social Icons

Monday 18 January 2010

Socialism

Socialism was founded on the basis of MARXIAN thought that:
The State is the main and only culprit of all the economic, political and social evils which factually a group of exploiters. It is, therefore, necessary that the exploited class (labour) of the world should assemble on one plateform for getting the state withered away and to establish the rule of labour

In the light of this facts , Socialism can be defined as under:

Socialism is the social and economic system in which the productive resources are owned by the state and equality is given basic importance. The source of power are common men ( labour and farmers or a proletariats.

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