Socialism

2. Belief that collective action has greater moral and practical value than individual action.
4. Revisionist approach combining support for markets with social investment and opportunity.
6. Thinker who argued that class conflict would lead to the overthrow of capitalism.
8. Aim of producing broadly similar social and economic results.
11. Economy combining private enterprise with state ownership and intervention.
13. Marxist term for the capitalist class that owns the means of production.
16. Economic system based on private ownership, markets and production for profit.
18. Luxemburg’s belief that mass struggle can develop naturally into revolutionary consciousness.
21. Gradualist socialist associated with the inevitability of gradualness.
23. Group defined by a shared economic and social position.
24. Marxist view that economic forces and class conflict drive historical change.
25. Belief that humans are naturally social, cooperative and mutually dependent.
27. Socialist principle that employees should exercise power over the workplace or economy.
29. Process by which workers produce more value than they receive in wages.
30. Socialist tradition seeking to overthrow capitalism rather than gradually reform it.

1. Rule concentrated in the hands of one person or a small group without democratic limits.
3. Socialist tradition aiming to humanise capitalism through state intervention and welfare.
5. Socialist principle seeking to reduce or remove unjust social and economic differences.
7. Collective ownership of wealth or the means of production.
9. Marxist term for the propertyless working class.
10. Describing an ideal society that critics may regard as unrealistic.
12. Organisations formed to defend and advance the interests of workers.
14. Thinker associated with the Third Way and social investment.
15. Increasing economic, political and social interconnectedness across national borders.
17. Revolutionary socialist who opposed revisionism and emphasised spontaneous mass action.
19. Principle that everyone should have an equal chance to succeed.
20. Government or decision-making dominated by experts and specialists.
22. An ideology favouring equality, cooperation and collective responsibility.
26. Revisionist thinker who argued that managed capitalism could deliver greater equality.
28. Transfer of wealth or income from richer groups to poorer groups.