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Socialism is an economic and political philosophy encompassing diverse economic and social systems characterised by social ownership of the means of production, as opposed to private ownership. It describes the economic, political, and social theories and movements associated with the implementation of such systems. Social ownership can take various forms, including public, community, collective, cooperative, or employee. Traditionally, socialism is on the left wing of the political spectrum. Types of socialism vary based on the role of markets and planning in resource allocation, and the structure of management in organizations.

The socialist political movement includes political philosophies that originated in the revolutionary movements of the mid-to-late 18th century and out of concern for the social problems that socialists associated with capitalism. By the late 19th century, after the work of Karl Marx and his collaborator Friedrich Engels, socialism had come to signify anti-capitalism and advocacy for a post-capitalist system based on some form of social ownership of the means of production. By the early 1920s, communism and social democracy had become the two dominant political tendencies within the international socialist movement, with socialism itself becoming the most influential secular movement of the 20th century. Many socialists also adopted the causes of other social movements, such as feminism, environmentalism, and progressivism. (Full article...)

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Luxemburgism is a variant of Marxist revolutionary theory based on the writings of Rosa Luxemburg. According to M. K. Dziewanowski, the term was originally coined by Bolshevik leaders denouncing the deviations of Luxemburg's followers from traditional Leninism, but it has since been adopted by her followers themselves.

Luxemburgism is a Marxist tendency within Libertarian Marxism which, while supporting the Russian Revolution, as Luxemburg did, agrees with her criticisms of the politics of the Bolsheviks.


Engels in 1879

Friedrich Engels (/ˈɛŋɡəlz/ ENG-gəlz; German: [ˈfʁiːdʁɪç ˈʔɛŋl̩s]; 28 November 1820 – 5 August 1895) was a German philosopher, political theorist, historian, journalist, and revolutionary socialist. He was also a businessman and Karl Marx's closest friend and collaborator, serving as a leading authority on Marxism.

Engels, the son of a wealthy textile manufacturer, met Marx in 1844. They jointly authored works including The Holy Family (1844), The German Ideology (written 1846), and The Communist Manifesto (1848), and worked as political organisers and activists in the Communist League and First International. Engels also supported Marx financially for much of his life, enabling him to continue writing after he moved to London in 1849. After Marx's death in 1883, Engels compiled Volumes II and III of his Das Kapital (1885 and 1894). (Full article...)

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