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SOCIALISM is not just merely a word, it is one of the greatest ideologies that has ever been circulated after capitalism. In the 19-20th Century it was the most popularised ideology and believed that it would soon beat the ideas of capitalism but what had happened after that? Why do countries name themselves as Socialist but actually follow the ideas of capitalism? Why are countries changing from socialist to capitalist? Today we will uncover all the major doubts that arise in our minds related to socialism and will try to resolve this through multiple ways including the stage of social movements, history , present and future. Not just that we will too understand all the major causes of how it grew and how it was going and what led to its failure.

Understanding the ideology

When we read the term socialism, the most immediate word that comes to our mind is "society." At its core, socialism advocates for collective ownership and equitable distribution of resources, aiming to address the inequalities inherent in our society. It promotes the idea that the means of production should be owned or regulated by the community as a whole, ensuring that wealth is distributed more equally among citizens. This ideology gained attraction during the Industrial Revolution, a time marked by stark economic disparities and harsh working conditions for the workers. During the 19th century, just after the French Revolution, European society was basically divided into different types of people not physically but with different mentalities such as some were liberal others were radicals and few were conservatives. They were mostly the rich class and though they asked for individual rights they were the only one who did exploit the poor.

History of the Rise of Socialism

Thus, Socialism emerged as a response to the exploitation and inequality created by capitalism in the 19th century Industrial Revolution. Influential thinkers like Karl Marx and Friedrich Engels articulated visions of a society where class distinctions would be eliminated through their book “The Communist Manifesto”, Their work was highly appreciated by the students and other educated middle class who understood the poor workers. Karl Marx was even then named as the “Godfather of Socialism”. The October Bolsheviks Revolution in 1917 marked a significant moment for socialism, leading to the establishment of the Soviet Union, which claimed to embody socialist principles as suggested by Marx. It was the first time when the world observed the first ever country running on socialist principles. Various nations adopted socialist policies, promoting state control over key industries and social welfare programs examples such as North Korea and China who claimed themselves as ‘Democracy’ too got popularised.

Shift of capitalism

By the time of the outbreak of the Second World War, the USSR had given socialism a global face and world stature. The Soviet Union, under its socialist framework, had transformed from a backward agrarian society into a global superpower. Its industries and agriculture had developed significantly, and it managed to feed its poor, demonstrating some success in achieving socialist goals. However, cracks in its system began to emerge.

By the 1950s, it was acknowledged within the USSR that the style of governance was not aligned with the ideals of the Russian Revolution. Essential freedoms were denied to its citizens, and the state carried out developmental projects through repressive policies. These contradictions between ideals and practice were noted not only within the USSR but also across the global socialist movement, where it became clear that all was not well.

By the end of the 20th century, the USSR's international reputation as a socialist country had sharply declined. Its model was seen as one that achieved industrial and military strength but at the cost of individual freedoms and societal well-being. Nevertheless, socialist ideals still retained respect among its people, even as they were rethought and reinterpreted in various ways across different countries.

This recognition of the limitations of the Soviet model contributed to a broader global shift. Countries that had embraced socialism began integrating capitalist elements, seeking the economic growth and innovation often associated with market economies. For instance, China adopted a mixed system, maintaining its political structure while introducing capitalist reforms. Nations increasingly prioritized policies that balanced economic freedom with social welfare, leading to hybrid models like social democracies in Scandinavia.

Today, while many nations continue to use the label "socialist," their frameworks often embrace market dynamics. Consider the example of India, as an Indian though my country’s preamble claims the country as ‘Socialist’ but if we will go to understanding and depth, do India is a socialist nation? The big answer is “No!”, look what our policy makers or the constitution makers defined socialism is something I don't know and will never understand but what based on the previous examples and ideas of socialism that were created and spread, I can say that we are not practising that, in reality instead of socialism we are just practising a part of it, like consider a state which states that they believe in some idea but doesn’t properly practise it instead they practise what a part of it.

Any Successful Examples of Socialism?

Socialism, once championed by nations like Russia and China, promised equality and collective ownership but has largely deviated from its ideals in practice. Russia, the heart of the Soviet Union, transitioned from an agrarian economy to a global superpower under socialism, with notable advancements in industry, education, and healthcare. However, economic inefficiencies and authoritarian policies led to its collapse in 1991, and modern Russia operates as a capitalist oligarchy. Similarly, China initially pursued socialist reforms but shifted to "socialism with Chinese characteristics," blending state control with market-driven policies. While this hybrid model spurred economic growth, it abandoned core socialist principles, with rising inequality and private sector dominance. Both nations highlight socialism’s inability to sustain its ideals in the face of economic and global realities, showing that its implementation often diverges from its theoretical vision.

Conclusion: The Future of Socialism

Despite its challenges, socialism is not entirely dead. It continues to influence political discourse and inspire movements advocating for social justice, wealth redistribution, and environmental sustainability. However, the evolution of socialism is essential to its survival. Modern interpretations, such as democratic socialism, seek to blend socialist principles with democratic governance and market economies, addressing contemporary issues while learning from past failures.

In conclusion, while socialism has faced significant obstacles and criticisms leading many to label it a "failed ideology," its core tenets remain relevant. The ongoing dialogue about economic equity and social justice ensures that socialism will continue to play a role in shaping societies around the world, even as nations navigate the complexities of capitalism.

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