A system where workers collectively own the means of production, and compete in a market free of capitalists. The Bourgeoise and Proletariat merge into one class.
Market Socialism is an economic system that takes aspects of Socialism and Capitalism, and puts them together in a balanced way.
by Skullwarriors July 7, 2015
Get the market socialism mug.the political ideology that unlike socialism have robots provide everything thus equally dividing the populous into engineers, programmers and scientists. as opposed to worthless jobs that have no benefit to the continuation of mankind. everyone is equal. everyone has a few years of community service they must contribute (5-10) but get to live out the rest of their lives enjoying the labor of the robots
by roboMarx July 16, 2011
Get the Robot Socialism mug.Related Words
Varying degrees of the same system that rely on the labor theory of market. That theory states that labor is worth something, not tied to the good or service that it produces. Because of that idea, we should pay people more money than it takes to produce an item because they want more money. This fails economically because if everyone wants more money for their work, all items inflate in cost, so you can't afford what you couldn't afford before, except now it's much more expensive than it was, because you have more money but still not enough to buy it. Basically, socialism and communism are a party trick to get the poor to feel better about the fact that life is competitive and they are losing the game. This is also popular with the rich because it makes them seem kind to the poor. Nobody actually wants to implement socialism or communism, they just want to redistribute goods and services and money from those that have it to those that don't and are willing to lose out in the long term for a short term gain.
I used to hate Amazon.com because of communism and socialism, but now I realize that I didn't want to pay more for goods or shipping so I am comfortable with them fucking their employees, because they are doing it for me.
by mostly_wrong September 17, 2019
Get the communism and socialism mug.That economic aberration that allows private businesses, usually big corporations, to reap the profits of their financial successes while ensuring that the losses of their failures will be born by The People in the form of taxpayer-funded handouts.
Usually considered as an outgrowth of “Reaganomics,” Republican Socialism came into its own during the economic crisis of 2008-09, which was spawned by the anti-regulatory fervor of the George W. Bush administration.
Usually considered as an outgrowth of “Reaganomics,” Republican Socialism came into its own during the economic crisis of 2008-09, which was spawned by the anti-regulatory fervor of the George W. Bush administration.
The Secretary of the Treasury today awarded another round of Republican Socialism to several banks in the form of a $20 billion stimulus package.
by mlcred April 10, 2009
Get the Republican Socialism mug.by Führern November 22, 2016
Get the National Socialism mug.An anti-capitalist political ideology advocating for socially owned economy (socialism).
Frequently mistaken for social democracy which advocates for economic and social justice but is not anti-capitalist.
Frequently mistaken for social democracy which advocates for economic and social justice but is not anti-capitalist.
by restinpiece August 28, 2020
Get the Democratic Socialism mug.A very centric form of government and economics run on K.S.Lukas’s “On the Theory of Equalist Idealism”. It outlaws inheritance and practically almost eradicated welfare, instead creating a government work program for all homeless of jobless individuals. This work program would see that their laborers are put into housing and farming industries in order to provide better infrastructure and to lower the cost of living. It is a combination of extreme capitalistic beliefs mixed with social healthcare benefits. Universal healthcare is provided, in order to have younger workers take over for the older individuals, who seek only to work in order to preserve their health. Equalist Socialism uses the main principals of Equalist Idealism to enforce that all monetary and property assets of an individual are requisitioned by the government in exchange for little to no taxes.
What is Equalist Socialism?
It is a government ideological-economical form of reshaping society in which many key aspects of the conflicting socialist and capitalist ideals meet in the “middle ground”
It is a government ideological-economical form of reshaping society in which many key aspects of the conflicting socialist and capitalist ideals meet in the “middle ground”
by Leuvenheit November 3, 2019
Get the Equalist Socialism mug.