SOC300_Article Critique

SOC300_Article Critique - Command Economy 1 Generally,...

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Command Economy 1 Generally, socialism refers to an economic system or political organization in which the means of production and distribution are owned or controlled collectively, often by a centralized government. Centralized government management of the economy is also known as a Command Economy and is a State-centric form of socialism. Socialism also has a specific meaning under the Marxist-Leninist theory as the intermediate stage between capitalism and communism marked by the "revolutionary dictatorship of the proletariat" where strong government rule is seen as the method by which resources are collectivized. The Marxist-Leninist meaning of the word is only a part of the much broader concept of socialism. Socialism has influenced a variety of movements, governments and programs from totalitarian Soviet imperialism to welfare. In this way, each could be considered a subset of socialism or perhaps more appropriately, each specific movement that includes a component of socialism. The theories of socialism and capitalism have been battling for supremacy for the last hundred
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SOC300_Article Critique - Command Economy 1 Generally,...

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