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Socialism is an economic and political philosophy encompassing diverse economic and social systems characterised by social ownership of the means of production, as opposed to private ownership. It describes the economic, political, and social theories and movements associated with the implementation of such systems. Social ownership can take various forms, including public, community, collective, cooperative, or employee. As one of the main ideologies on the political spectrum, socialism is the standard left-wing ideology in most countries. Types of socialism vary based on the role of markets and planning in resource allocation, and the structure of management in organizations.

The socialist political movement includes political philosophies that originated in the revolutionary movements of the mid-to-late 18th century and out of concern for the social problems that socialists associated with capitalism. By the late 19th century, after the work of Karl Marx and his collaborator Friedrich Engels, socialism had come to signify anti-capitalism and advocacy for a post-capitalist system based on some form of social ownership of the means of production. By the early 1920s, communism and social democracy had become the two dominant political tendencies within the international socialist movement, with socialism itself becoming the most influential secular movement of the 20th century. Many socialists also adopted the causes of other social movements, such as feminism, environmentalism, and progressivism. (Full article...)

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The Bolivarian Revolution is an ongoing leftist political process in Venezuela led by late Venezuelan president Hugo Chávez, the founder of the Fifth Republic Movement and later the United Socialist Party of Venezuela. The "Bolivarian Revolution" is named after Simón Bolívar, an early 19th-century Venezuelan and Latin American revolutionary leader, prominent in the Spanish American wars of independence in achieving the independence of most of northern South America from Spanish rule. According to Chávez and other supporters, the "Bolivarian Revolution" seeks to build an inter-american coalition to implement Bolivarianism, nationalism, and a state-led economy.

On his 57th birthday, while announcing that he was being treated for cancer, Chávez announced that he had changed the slogan of the Bolivarian Revolution from "Motherland, socialism, or death" to "Socialist motherland and victory, we will live, and we will come out victorious".


De Leon in 1902

Daniel De Leon (/dəˈlɒn/; December 14, 1852 – May 11, 1914), alternatively spelled Daniel de León, was a Curaçao-born American socialist newspaper editor, politician, Marxist theoretician, and trade union organizer. He is regarded as the forefather of the idea of revolutionary industrial unionism and was the leading figure in the Socialist Labor Party of America from 1890 until the time of his death. De Leon was a co-founder of the Industrial Workers of the World and much of his ideas and philosophy contributed to the creations of Socialist Labor parties across the English-speaking world, including: Australia, the United Kingdom, Canada, and the Socialist Trade and Labor Alliance. (Full article...)

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