Socialism

Socialism is a political and economic ideology that advocates collective or state ownership of the means of productionto reduce inequality and ensure fair distribution of resources. It critiques capitalism for creating class divisions and exploitation, and seeks to prioritize social welfare, equality, and economic justice. Thinkers like Karl Marx and Rosa Luxemburg influenced its development, though socialism exists in many forms, from democratic socialism to revolutionary models. Overall, it aims to build a society where economic systems serve public needs rather than private profit.