A Comparison of Political and Economic Ideologies

Tap on any link below to learn a bit about each.  All definitions (unless otherwise cited) are taken from Dictionary.com.

Anarchism

  • a doctrine urging the abolition of government or governmental restraint as the indispensable condition for full social and political liberty.
  • the methods or practices of anarchists, as the use of violence to undermine government.

Capitalism

  • an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, especially as contrasted to cooperatively or state-owned means of wealth.

Communism

  • a theory or system of social organization based on the holding of all property in common, actual ownership being ascribed to the community as a whole or to the state.
  • (often initial capital lettera system of social organization in which all economic and social activity is controlled by a totalitarian state dominated by a single and self-perpetuating political party.

Conservatism

  • the disposition to preserve or restore what is established and traditional and to limit change.

Fascism

  • (sometimes initial capital lettera governmental system led by a dictator having complete power, forcibly suppressing opposition and criticism, regimenting all industry, commerce, etc., and emphasizing an aggressive nationalism and often racism.

Liberalism

  • a political or social philosophy advocating the freedom of the individual, parliamentary systems of government, nonviolent modification of political, social, or economic institutions to assure unrestricted development in all spheres of human endeavor, and governmental guarantees of individual rights and civil liberties.

Libertarianism

  • a person who advocates liberty, especially with regard to thought or conduct.

Marxism

  • the system of economic and political thought developed by Karl Marx, along with Friedrich Engels, especially the doctrine that the state throughout history has been a device for the exploitation of the masses by a dominant class, that class struggle has been the main agency of historical change, and that the capitalist system, containing from the first the seeds of its own decay, will inevitably, after the period of the dictatorship of the proletariat, be superseded by a socialist order and a classless society.

Nationalism

  • spirit or aspirations common to the whole of a nation.
  • devotion and loyalty to one's own country; patriotism.
  • excessive patriotism; chauvinism.
  • the desire for national advancement or political independence.
  • the policy or doctrine of asserting the interests of one's own nation viewed as separate from the interests of other nations or the common interests of all nations.

Nazism

  • the principles or methods of the Nazis.
  • (Nazi) a member of the National Socialist German Workers' Party, which controlled Germany from 1933 to 1945 under Adolf Hitler and advocated totalitarian government, territorial expansion, anti-Semitism, and Aryan supremacy, all these leading directly to World War II and the Holocaust.

Populism

  • a political approach that strives to appeal to ordinary people who feel that their concerns are disregarded by established elite groups.

Progressivism

  • the principles and practices of progressives.
  • (initial capital letterthe doctrines and beliefs of the Progressive party.
  • (progressives)  favoring or advocating progress, change, improvement, or reform, as opposed to wishing to maintain things as they are, especially in political matters:a progressive mayor.
  • making progress toward better conditions; employing or advocating more enlightened or liberal ideas, new or experimental methods, etc.:a progressive community.

Socialism

  • a theory or system of social organization that advocates the ownership and control of the means of production and distribution, capital, land, etc., by the community as a whole, usually through a centralized government.
  • procedure or practice in accordance with this theory.
  • (in Marxist theory) the stage following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles.

IN MARXIST THEORY ...

Socialism is the stage following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles.

Capitalism  > Socialism  > Communism

 

A Comparison of Political and Economic Ideologies

A Comparison of Political and Economic Ideologies

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