What is Socialism? | Socialism Explained in Simple Terms | Literature & Society

Описание: Socialism is an important economic and social system that focuses on equality, collective ownership, and social welfare. In this short lecture, we explain what socialism is, why it developed, and how it differs from capitalism in a simple and student-friendly way.
This video is especially helpful for English Literature students, BA, MA, and MPhil students, and anyone studying Marxism, socialism, political theory, or social systems. The lecture explains key ideas such as collective ownership, class inequality, workers’ rights, and fair distribution of wealth.
Socialism emerged as a response to capitalism, especially when the gap between the rich and the poor increased. Thinkers like Karl Marx and Friedrich Engels argued that workers should receive the full value of their labor and that society should work for the benefit of everyone, not just a few owners.
In literature and theory, socialism is often discussed through themes of justice, equality, and collective struggle, making it a key concept in literary criticism and social analysis.
📚 Ideal for:
Literature & theory students
Marxism and socialism basics
Exam preparation
Short conceptual lectures
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