What are the positives pros in socialism?
Table of Contents
Redistribution of income and wealth through a progressive tax system and welfare state. Ownership of key public sector utilities, such as gas, electricity, water, railways. Private enterprise and private ownership of other industries. Free health care and free public education provided by direct taxation.
Pros of Democratic Socialism. 1) Gives Opportunity to Pursue Success. 2) Offer More Room for Value Judgments. 3) Creates an Efficient Economy. 4) Creates Income Equality within Society.
What country has socialism?
Marxist–Leninist states
| Country | Since | Duration |
|---|---|---|
| People’s Republic of China | 1 October 1949 | 72 years, 82 days |
| Republic of Cuba | 1 January 1959 | 62 years, 355 days |
| Lao People’s Democratic Republic | 2 December 1975 | 46 years, 20 days |
| Socialist Republic of Vietnam | 2 September 1945 | 76 years, 111 days |
Government has more control. When the government runs everything,people will not have a lot of choices when it comes to important matters.
One of the many negative effects of socialism is that it takes from the producer class and creates a recipient class. Over time that will sap the will of the producer to create since he/she will not be getting the full benefit of their own productivity.
Why socialism is good for society?
Socialism has some visible strong sides that society would benefit from. Here are biggest benefits of socialism. 1. Equal access to health care and education. Both health care and education are essential in life, but they are also very costly in most countries.
1 Answer. Socialism is a process that eventually makes all the people “equal”, it is a believe that everyone deserves a certain lifestyle. Basically money is taken/taxed from the rich and dispersed down to the poor.