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Pros And Cons Of Socialism

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Socialism is a system that advocates the means of production distribution, and exchange should be owned or regulated by the community as a whole. Socialism benefits the common populace and alleviates society’s problems of today. Socialism often carries many negative connotations today, however it is not necessarily a bad thing and possibly has many benefits. Socialism takes many forms. Socialism has played a role in many non-Communist or non-socialist countries’ systems of healthcare, education, and economics. Reasonable protections for people from market instability and exploitation from laissez-faire capitalism can make for a healthier society. Effective policies of the past, more importantly, American policies, were of a socialist nature. The false ideas of what socialism actually represents contribute to misguided beliefs and detrimental government policy. First. market protections and economic safety nets provided by socialist policies make for a better quality of life for the average person. “Today, corporate executives who answer only to themselves and a few wealthy stockholders make basic economic decisions affecting millions of people” (Democratic Socialists of America 1). Socialist policy can give more control over what is done with resources and money. Democratic socialists believe “social and economic decisions should be made by those whom they most affect” (Democratic Socialists of America 1). Many socialists advocate for things such as worker-owned

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