Quick primer on the flavors of socialism

There are myriads of words written about socialism, and yet lots of misconceptions about it still exist even in the minds of those who are on the opposite side of the political spectrum. The most striking and frequent blunders are the identification of socialism exclusively with Marxism, the confusion between the concepts of socialism and communism, and the claim that fascism and National Socialism belong to the right, to name a few.

It is necessary to give a comprehensive definition of socialism, determine the principal attributes that indicate belonging to socialism, and to classify the socialist trends on these grounds to clarify the concept once and for all.

Article URL : https://mises.org/wire/socialism-brief-taxonomy

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