Published by: American Thinker
By: Alex Markovsky
Where do we drive the line between Liberalism and Socialism?
Liberalism is an idealistic political philosophy born after the defeat of Napoleon, a philosophy of freedom, which epitomized individual liberty, freedom of the press, freedom of religion, and free elections.
Socialism, on the other hand, is a political philosophy and economic system that promotes egalitarianism — a theory of economic equality. Modern socialism originated in the eighteenth century as a working-class economic and political movement that opposed private property and criticized the effects of industrialization on society. It is usually defined as “common ownership of the means of production.”
With the passage of time, liberalism evolved into a broader vision of an ideal society, a brilliant future that also included economic equality. […]