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Answering Common Questions - Socialism FAQs

By Brandon Madsen

With the rise of the Occupy movement, opposition to the existing political and economic order has gone mainstream. It’s hard to imagine that the bandana-clad woman on the cover of Time magazine – representing “The Protestor,” Time’s “Person of the Year” – has many nice things to say about capitalism, and the ubiquity of the Guy Fawkes mask – popularized by “V for Vendetta” – further underscores how widespread the idea of revolution has become. 

However, this growing support for system change has not yet been matched by a serious public dialogue about what an alternative might look like. A new Pew poll published 12/28/2011 indicated that people who are under 30 or black are more likely to favor socialism than capitalism, but this does not correspond to clear ideas of what socialism is or how a socialist economic and political system would work. We offer up this FAQ as a contribution to the discussion.

  • How would a socialist economy work? 
  • How would a socialist democracy work? 
  • Wouldn’t a bureaucratic elite just take over? 
  • Wouldn’t it be easier to reform capitalism? 
  • Socialism sounds great on paper, but is it realistic?  

(Read more…)

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  1. andrea-k-johnson reblogged this from kellybellin and added:
    My blog, is, if nothing else, an educational tool. Learn about what socialism really is, what it means and how it would...
  2. kellybellin reblogged this from socialistmn
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