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Socialism

Socialism is a way to organize a society. It deals mostly with the economy, or the part of a society that creates wealth. The goal of socialism is to spread wealth more evenly and to treat all people fairly. People have had different ideas about how to create a socialist society. But most have agreed that the government, not individuals, should control at least some businesses and property.

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Karl Marx and Friedrich Engels were German revolutionary philosophers who cowrote 'The Communist Manifesto' as well as several other pieces regarding the evils of capitalism, its inevitable destruction and the evolution of the world's economic system first to socialism then to communism. They blamed poverty and starvation on the evils of capitalist society.

What is common between Capitalism and Socialism?

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