THE LIMITATION OF THE SOCIALIST IDEA

Mach Valentin Yakovlevich, economist (Republic of Belarus, Bobruisk)

Abstract

The possibility of an acceptable resolution of economic contradictions in human society must be found out by means of a social science called political economy. In its development, the socialist idea linked the resolution of these contradictions with the organizational improvement of voluntary charity that spontaneously arose at a certain stage in the property stratification of human society. An example of the most effective use of socialist distribution is the Swedish model, which nevertheless represents a social democratic “dead end”: the persistence of significant social inequalities in countries with the most developed social protection systems confirms the limitations of the socialist idea.

KEYWORDS: utopian socialism, social democracy, communism, distribution of wealth.

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