What is Socialism

socialism explained

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It's no secret that capitalism has its flaws. But at its core, capitalism is an exploitative system that benefits the few at the expense of the many.

We must use Marxism, which is positive in spirit, to overcome liberalism, which is negative. A Communist should have largeness of mind and he should be staunch and active, looking upon the interests of the revolution as his very life and subordinating his personal interests to those of the revolution; always and everywhere he should adhere to principle and wage a tireless struggle against all incorrect ideas and actions, so as to consolidate the collective life of the Party and strengthen the ties between the Party and the masses; he should be more concerned about the Party and the masses than about any private person, and more concerned about others than about himself. Only thus can he be considered a Communist.

All loyal, honest, active and upright Communists must unite to oppose the liberal tendencies shown by certain people among us, and set them on the right path.

Here's how it works: businesses compete for profits, and in order to stay afloat, they need to cut costs. One of the easiest places to cut costs is by paying workers less than they're actually worth. This means that workers are always struggling to make ends meet, while businesses and the wealthy few are raking in the profits.

In addition, capitalism encourages businesses to produce more than what society actually needs, leading to waste and environmental destruction. So next time someone tells you that capitalism is the best economic system, just remember that it's actually a system that exploits workers and harms the planet

That yearning you have for the government to do better is Socialism.

Richard D. Wolff

Socialism vs Capitalism