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Is socialism and wealth distribution the same thing?

 
m-avi

Asked by m-avi at 6:09 PM on Nov. 30, 2010 in Politics & Current Events

Level 49 (333,920 Credits)
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Answers (16)
  • No. One important componant of socialism is public ownership of the means of production and capital (ie. no private market, no private ownership of the means of production.) Wealth distribution may play a role in distributing good fairly under socialist though, but redistribution of wealth alone does not equal socialism in the classic poly-sci sense of the term.

    To give an example: I'm Canadian, and we have socialized health care. Private companies do not own/run/profit from health care. The hospital industry is part of the public sector- it's owned, in a sense, by all Canadians and adminstered through by the gov't. In pure socialism, this is how all industry would be run. However, Canada is not a socialist country in that we have a free market in terms of everything else and private ownership of other industries.
    Freela

    Answer by Freela at 6:18 PM on Nov. 30, 2010

  • wealth redistribution (or a growing patter of w.d) can be a 'part of' or 'lead to' socialism... As learned with history~ At some point there are not enough wage earners to fund surge in "entitled"
    grlygrlz2

    Answer by grlygrlz2 at 7:32 PM on Nov. 30, 2010

  • yes
    Gal51

    Answer by Gal51 at 6:47 PM on Nov. 30, 2010

  • I am sure if you google the definition of either, you'll come up with technical differences, but in the general sense, I believe they are the same. Wealth redistribution may not be the only component of socialism, but it is a large part of socialism. Canada may have a socialized healthcare, but I don't think people would consider Canada is a pure socialist country (maybe a hybrid).
    Olivia4116

    Answer by Olivia4116 at 6:46 PM on Nov. 30, 2010

  • Definitions of socialism on the Web: •a political theory advocating state ownership of industry •an economic system based on state ownership of capital


     •In economics, redistribution is the transfer of income, wealth or property from some individuals to others. Most often it refers to progressive redistribution, from the rich to the poor, although it may also refer to regressive redistribution, from the poor to the rich. ...


    Nope, redistribution is theft. Socialism is government control of everything.

    jesse123456

    Answer by jesse123456 at 7:20 PM on Nov. 30, 2010

  • They have to take/steal our money from us to redistribute it, so I agree with theft...
    Socialism: the gvt running every level of our lives, using the money they take/steal from us, by taxing us into poverty…
    agentwanda

    Answer by agentwanda at 8:48 PM on Nov. 30, 2010

  • Come on people ... put two and two together .... what happens when government controls everything? When they control food, money, health care ... they take labor and money from the people and then redistribute it back out so that everyone has a "fair share." Wealth redistribution is the RESULT of total government ownership.
    Gal51

    Answer by Gal51 at 9:58 AM on Dec. 1, 2010

  • "Nope, redistribution is theft. Socialism is government control of everything"


     "At some point there are not enough wage earners to fund surge in "entitled"


    good

    Anonymous

    Answer by Anonymous at 8:20 PM on Nov. 30, 2010

  • Ooops- typo. Wealth distribution may play a role in distributing GOODS fairly under socialist THOUGHT, but redistribution of wealth alone does not equal socialism.... yada yada yada. Sorry, headache today!
    Freela

    Answer by Freela at 6:19 PM on Nov. 30, 2010

  • Nope. One is a political and economic ideology and the other is a weighted term people use to describe one strategy of equalizing ownership of the means of production.
    UpSheRises

    Answer by UpSheRises at 7:35 PM on Nov. 30, 2010

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