Liberalism
Liberalism is a political ideology based on ideas of liberty and
equality. It refers to a system of thought or philosophy that
promotes the concept of freedom and personal liberty. Liberalism encourages the
individual to open private companies so that people can support themselves and
be even less dependent on the government.
Consequentially, this theory also limits the power of the government and
religion.
Both past and present liberalists and theorists embrace a wide array
of beliefs depending on various times, cultures and continents, but generally
they support common ideas such as free and fair elections, civil rights,
freedom of the press, freedom of religion, free trade and private property.
As early as from the Age of the Enlightenment, political thinker and philosopher John Locke (1632-1704) is often credited for founding liberalism. Locke argued that each man has a natural right to life, liberty and property and no government must violate these rights.
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As early as from the Age of the Enlightenment, political thinker and philosopher John Locke (1632-1704) is often credited for founding liberalism. Locke argued that each man has a natural right to life, liberty and property and no government must violate these rights.
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Socialism
Socialism refers to the different type of ideologies and political movements with the aim of a socio-economic system in which property and the distribution of wealth are subject to control by the community for the purposes of increasing social and economic benefits, equality and cooperation amongst the citizens. Socialism is a left-wing ideology in the political spectrum which creates the difference in the ideologies. Socialism is a type of collectivism (interdependence) and based on the principle that every individual gets according to his societical contribution.
The key theory made is that the individual belongs to the community, and therefore the individual’s effort belongs to the collective. Socialism is very much influenced by Marxism, which basically is the theory that helps to bring up lower class citizens. All members of the economy share benefits, regardless of their economic value to the system. A healthy and responsible socialistic system results in non-economic productivity. In environments with plenty of resources, socialism provides all members with their survival needs, through the redistribution of wealth from those who produce. Members that cannot participate economically - due to disabilities, age, or periods of poor health - can still be active in society by sharing their experiences through the young people or by impart their wisdom. There are different varieties of socialism.
The key theory made is that the individual belongs to the community, and therefore the individual’s effort belongs to the collective. Socialism is very much influenced by Marxism, which basically is the theory that helps to bring up lower class citizens. All members of the economy share benefits, regardless of their economic value to the system. A healthy and responsible socialistic system results in non-economic productivity. In environments with plenty of resources, socialism provides all members with their survival needs, through the redistribution of wealth from those who produce. Members that cannot participate economically - due to disabilities, age, or periods of poor health - can still be active in society by sharing their experiences through the young people or by impart their wisdom. There are different varieties of socialism.