Libertarian socialism is an anti-authoritarian and anti-capitalist political current that emphasises self-governance and workers' self-management. It is contrasted from other forms of socialism by its rejection of state ownership and from other forms of libertarianism by its rejection of private property. Broadly defined, it includes schools of both anarchism and Marxism, as well as other tendencies that oppose the state and capitalism.
With its roots in the Age of Enlightenment, libertarian socialism was first constituted as a tendency by the anti-authoritarian faction of the International Workingmen's Association (IWA), during their conflict with the Marxist faction. Libertarian socialism quickly spread throughout Europe and the Americas, reaching its height during the early stages of the Russian Revolution of 1917 and particularly during the Spanish Revolution of 1936. Its defeat during these revolutions led to its brief decline, before its principles were resurrected by the New Left and new social movements of the late 20th century.
While its key principles of decentralisation, workers' control and mutual aid are generally shared across the many schools of libertarian socialism, differences have emerged over the questions of revolutionary spontaneity, reformism and whether to prioritise the abolition of the state or capitalism.
Libertarian socialism strives for a free and equal society, aiming to transform work and everyday life. Broadly defined, libertarian socialism encapsulates any political ideology that favours workers' control of the means of production and the replacement of capitalism with a system of cooperative economics, decentralised planning, or common ownership. Libertarian socialists tend to see the working class as agents of social revolution, reject representative democracy and electoralism, and advocate for self-organisation and direct action as means to engage in class conflict.
Libertarian socialism has a grassroots and direct democratic approach to socialism, rejecting parliamentarism and bureaucracy respectively.
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Communism (from Latin communis) is a left-wing to far-left sociopolitical, philosophical, and economic ideology within the socialist movement, whose goal is the creation of a communist society, a socioeconomic order centered around common ownership of the means of production, distribution, and exchange that allocates products to everyone in the society based on need. A communist society would entail the absence of private property and social classes, and ultimately money and the state (or nation state).
Marxism is a method of socioeconomic analysis that uses a materialist interpretation of historical development, better known as historical materialism, to understand class relations and social conflict and a dialectical perspective to view social transformation. It originates from the works of 19th-century German philosophers Karl Marx and Friedrich Engels. As Marxism has developed over time into various branches and schools of thought, no single, definitive Marxist theory exists.
Socialism is a political philosophy and movement encompassing a wide range of economic and social systems which are characterised by social ownership of the means of production, as opposed to private ownership. As a term, it describes the economic, political, and social theories and movements associated with the implementation of such systems. Social ownership can be public, community, collective, cooperative, or employee. While no single definition encapsulates the many types of socialism, social ownership is the one common element, and is considered left-wing.
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