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Socialism

System of government where the means of production are socially owned

Socialism is a range of economic and social systems characterised by social ownership of the means of production and workers' self-management, as well as the political theories and movements associated with them. Social ownership can be public, collective or cooperative ownership, or citizen ownership of equity. There are many varieties of socialism and there is no single definition encapsulating all of them, with social ownership being the common element shared by its various forms.

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Spain's far-left Podemos party is willing to make concessions to rescue stalled power-sharing talks with acting prime minister Pedro Sanchez' Socialists and..
Credit: Reuters - Published 2 hours ago

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Portugal's ruling Socialists extended their lead over the opposition in an opinion poll released on Friday three months before a parliamentary vote, putting them..
Credit: Reuters - Published 4 days ago

Portugal's prime minister said on Wednesday he is ready to renew his Socialist party's alliance with two far-left parties following a general election in..
Credit: Reuters - Published 6 days ago

Spain's Socialists will give up trying to install their leader Pedro Sanchez as prime minister if he fails to win two investiture votes this month, a party..
Credit: Reuters - Published 1 week ago

Spain's Socialist party (PSOE) spokeswoman said on Tuesday that the party will not make a fresh attempt to name acting Prime Minister Pedro Sanchez as the new..
Credit: Reuters - Published 1 week ago

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