What is SOCIALISM? .ism - II

The failure of any concept in life is because of the leaders and it's followers.When they fail the system fails. The reasons for the failure of Socialism is the corruption of the leaders who talk much about socialism in public platform but practice capitalism in their personal life. The mass wealth accumulated by socialist and communist leaders throughout the world is the result of stabbing the principles of socialism by it's leaders.

I think that socialism is alive and well in several places in the world, it is the far left version known as communism that failed. Communism, as I understand it, is the total control of all property by the commune - ie the state. THis group control ensures equal distribution of resources and equal rights to the people. However, it is human nature to store up, so the equality quickly breaks down. The opposite extreme, American capitalism, is also in decline, cheifly because the inequality inherent in the system is never balanced, making super-rich and super poor the end result. In true Hegelian fashion, Socialism is emerging as the preferred economic structure around the world. Even in the US, efforts such as the minimum wage, social security, welfare, and universal health care constitute a socialist agenda. Most contries are socialized to a greater or lesser degree, but the term was a favorite of Soviet communists to describe themselves, and thus fell out of favor with Americans and their allies. I don't know if a new term has grown up yet, but most people don't recognize the socialization of their contries as socialism becasue it's not being called socialism. However, looking back throughout the history of the industrial revolution or to the wild west or to the robber barrons and the great depression, it's obvious that even American has made enormous strides toward a socialism of sorts. Communism seeks equality of results, Capitalism seeks inequality, and their child, socialism seeks equity among peoples.