Revolutionary Socialism - Essay Example

Running Header: Revolutionary Socialism Student’s Name: Instructor’s Name: Course Name & Code: Date of Submission: Introduction Socialism is a political and economic theory. It is usually based on common or public ownership of resources or properties. Socialism also involves cooperative management of resources allocation and the ways of production. In a system that has socialist system of economy; public association of producers carries out the production of resources that are of use-values other than those of exchange values. This is carried out by means of investment decisions through coordinated planning as well as distribution of surplus. Socialism is a set of arrangements that are economic and social within the society and based on a system of calculation that is post-monetary. Literally, socialism means that government posses the means of production in the country. Revolutionary socialism is the tendencies by the socialist to advocate the importance of changes socially through mass movement revolution of the immense majority. This was a strategy to achieve a society that was socialist. The term revolutionary socialism is used by communist and socialist tendencies in contrast to reformism. This is advocacy of trying to attain changes gradually as a way of revolutionizing capitalism while achieving socialism. One famous form of revolutionary socialism is Marxism. Some of the socialists included Friedrich Engels and Karl Marx from Germany (Frank 124). Revolutionary socialist and private ownership of properties Socialists promote compensation method that is based on labor amount or on individual merit one contributes to the society. They feel that capitalism concentrates wealth and power unfairly among the small fraction of the society which derives its wealth mainly through exploitation system as well as controlling capital. According to the socialists, public ownership of properties will enable everyone to have an equal opportunity to maximize their potential towards production in the society. They argue that socialism ensures there is better utilization of resources and technology towards maximization of production means for sake and interest of society. According to Marx, there should not be a situation whereby an economic minority group exploits or even dominate an economic majority group. Marx called this situation of exploitation capitalism. He argued that it was exploitative and it only meant to exploit the majority of people in society who are poor. Marx argued that the abolition of private property would increase and enable further development of economy in the society as well as reducing exploitation. Many socialists believe that local governments other than the individuals should own the nation’s resources or properties as well as controlling them. According to revolutionary socialists, the ownership of properties publically benefits the entire society rather than few individuals. Public ownership of properties is of great importance in ensuring everybody has morale of contributing for the welfare of society and not for small segments exploiting the majority poor. According to revolutionary socialists, elimination of private ownership of properties would ensure that there is equal distribution of properties as well as increased efficiency within the society. This will also ensure there is no social inequality and discrimination between people of various levels within the society (Frank 145). Abolition of private properties according to revolutionary socialists would ensure there are reduced unemployment rates within the society. This is because the production means will be owned by government or public. Private ownership of properties in most instances affects and determines the ways and rates of employment within the society. Socialists believe that private ownership of properties leads to poverty within the society as few individuals or private companies continue to control adequate resources within the society. Abolition of private ownership of properties would also lead to elimination of business cycles that are controlled and managed by few individuals within the society. This creates monopoly in business environment which makes others unable to participate or even benefit. All these create or lead to a conflict between the workers or majority in society and owners of the means of production. To solve this problem from continuing, socialists believed that it is important to distribute equally and justly the resources within the society by abolishing private ownership. It was not possible to achieve that according to socialists. However, this could only have been achieved through abolition of private ownership of properties within the society. Socialists believed that through abolition of private ownership of properties, inequality and discrimination would be eliminated between the workers and the owners of means of production. Revolutionary Socialists opposed discrimination and inequality strongly such that the only options they had was abolition of private ownership of properties. According to socialists, abolition of private ownership of properties would lead to a society that is based on cooperation and brotherhood. This would assist in eliminating a society based on self-interest and competition. Placing the means of production in the hands of majority within the society through the government would ensure there is achievement of increased equality in the society. This could only be achieved through the abolition of private ownership of properties. Private ownership of properties had led to rise of a political class who believed they had a lot of influence politically due to their enormous properties and wealth. This made the working class and majority of people in the society have very little influence on politics according to Marx and Engels. This also led to emergence of injustices within the society due to property ownership and wealth differences (Frank 146). Saint-Simon, Karl Marx, and Friedrich Engels supported the creation of a society which permitted application of modern technology in economic activity rationalizing through the elimination of capitalist production anarchy. According to them, this would allow power and economic output to be distributed according to amount of work spent in the process of production. Albert Einstein believed that elimination and abolition of private properties would eliminate the grave evils of capitalism. This according to Einstein would be possible through the establishment of a socialist economy. He emphasized that means of production owned by society would be utilized in a manner that would be beneficial to everyone in society. Einstein argued that abolition of private properties would assist towards gaining a planned economy. This is through the adjustment of production process towards ensuring the needs of society are meet. This would enable the achievement of work distribution in the society among those able to work. This eventually would guarantee every person in society a livelihood. Generally, this according to Albert would eventually lead to a society that is socially equal as well creation of harmony and justice all over the society. Elimination of private ownership of properties would lead to a strong state or government. Collective ownership of properties by society or state would assists towards ensuring the decision is made by the entire society. This would also ensure that the policies made are of best interest to the society and not few rich individuals. Every member of society would have an equal opportunity towards decision making in both economic and political spheres of life. Government control of goods other than private ownership would lead to cooperation within the society other than stiff competition between various enterprises. This would ensure there is controlled economic activity by the state rather than few wealthy individuals. Private ownership of properties in most cases has great control of country’ economies; this has a lot of negative influence for majority citizens who are poor. This reason makes many socialist feel that it is crucial for private ownership of properties abolished to ensure fair share of properties or resources. Any country’s economy that is controlled by the state ensures there is fair distribution of employment opportunities according to socialists like Debs (Frank 154). Abolition of private properties would ensure there is distribution of properties equally in the society. This would alleviate and reduce the suffering by people in society. This is through the state by meeting their desirable needs. Abolishment of private ownership of properties ensures that society gets a chance of giving everyone a chance of maximizing his potential. Private ownership of properties does not utilize resources and technology maximally towards the public interest. Abolishment of private ownership would ensure there are coordinated economic activities while serving the interest of whole society and not a small segment of society. Conclusion Revolutionary socialists called for abolishment of private ownership of properties as it leads to exploitation of people and especially workers who form a major part of society. They believed that private ownership of properties resulted to stiffed advancement as well as an anarchy of production. Socialists argued that there was need of means of production to be owned by public in order to ensure there is equal distribution of resources in the society. This would ensure there is democracy in all aspects of economy and general life in society. The socialist believed that there was need of spreading of properties among the people in society rather than in the few hands of rich people. This according to them would greatly reduce the exploitation of majority poor by wealth people who are few in society. Revolutionary socialist strived towards achievement of a socialist society where every person has right of properties. They believed that ownership of properties by government would ensure the state controlled properties towards ensuring every person in the society benefited equally. Karl Max and Frederick Engels played a great role towards the abolition of private ownership of properties to state ownership. Works Cited Frank, B. The New Politics. California: Biblio-Bazaar, LLC, 2009. Read More