socialist ideology

Socialist ideology advocates for collective ownership and control of the means of production, such as factories, land, and resources, aiming to reduce inequality and distribute wealth more fairly among society. Socialists believe that capitalism creates disparities in wealth and power, leading to social injustices. They support policies that promote social welfare, including healthcare, education, and workers' rights. While socialism can vary in its implementations—from democratic socialism, which combines democratic governance and social ownership, to more authoritarian forms—its core idea is to prioritize social welfare and equality over individual profit.