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What is Socialism?
Socialism is a class of ideologies that favour a particular economic system, where either
all or most resources belong to the government; the production and distribution of goods,
as well as the services of products are ministered mostly by the government, instead of
individual business. The remaining private production or distribution of goods will also
primarily be regulated by the government.
Joseph Stalin, the leader of the developed by Mao ZeDong, the leader
permanent revolution , the idea that
Soviet Communist Party and was of the Cultural Revolution and his
the economic system had to be seen
state leader from 1929-1953.
associates. Maoism does not
from a global perspective rather than
Stalins rule was partially based necessarily base itself on Marxistfrom a national perspective.
on Marxist ideology and Leon
Leninism or traditional Chinese
Trotskys theory of permanent beliefs. Rather, it is based on Maos
revolution. Fundamentally, Stalin
revolutionary outlook.