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Socialism

Pablo Gilabert; Martin O'Neill · Stanford Encyclopedia of Philosophy · 2024

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Type: Web page
Author: Pablo Gilabert; Martin O'Neill
Accessed: 2026-09-01

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EstablishedA minimal definition of socialism is that the bulk of the means of production is under social, democratic control; socialism in this sense is distinct from, and arguably in conflict with, statism.EstablishedSoviet-type centrally planned economies achieved industrialisation but failed to generate sufficient technical innovation and intensive growth, and central planning trampled civil and political liberties.