socialism

Examples of socialism in the following topics:

• The Disadvantages of Mixed Economies

  • In contemporary terms, "social democracy" usually refers to a social corporatist arrangement and a welfare state in developed capitalist economies.
  • Critics of contemporary social democracy argue that when social democracy abandoned Marxism it also abandoned socialism and has become, in effect, a liberal capitalist movement.
  • Others contrast social democracy with democratic socialism by defining the former as an attempt to strengthen the welfare state and the latter as an alternative socialist economic system to capitalism.
  • Social democracy can also be contrasted with market socialism.
  • While a common goal of both systems is to achieve greater social and economic equality, market socialism does so by changes in enterprise ownership and management, whereas social democracy attempts to do so by government-imposed taxes and subsidies on privately owned enterprises.

• Modern Trends in Social Responsibility

  • Socially responsible trends include corporate citizenship policies, social investing, sustainable accounting & social entrepreneurship.
  • A social entrepreneur can be the founder or co-founder or a chief functionary (president, secretary, treasurer, CEO, or chairman) of a social enterprise or non-profit.
  • Social entrepreneurship is the recognition of a social problem and the use of entrepreneurial principles to organize, create, and manage a social venture to achieve social change.
  • Social entrepreneurship practiced with a global perspective or embedded in an international context is called international social entrepreneurship.
  • Explain how the advent of socially responsible investing, sustainability accounting, and social entrepreneurship has contributed to the modernization of social responsibility

• A Brief Definition of Corporate Social Responsibility

  • Social responsibility in business is also known as corporate social responsibility (CSR), corporate responsibility, corporate citizenship, responsible business, sustainable responsible business, or corporate social performance.
  • Companies can demonstrate social responsibility in a myriad of ways.
  • CSR can be practiced passively, through refraining from committing socially harmful acts, or actively, through performing activities that directly advance social goals.
  • Companies can demonstrate social responsibility in a myriad of ways.
  • Social responsibility in business is also known as corporate social responsibility, corporate responsibility, corporate citizenship, responsible business, sustainable responsible business, or corporate social performance.

• Socialism and Planned Economies

  • Socialism is characterized by social ownership of the means of production.
  • Economic planning in socialism takes a different form than economic planning in capitalist mixed economies.
  • Most notably, a command economy is associated with bureaucratic collectivism, state capitalism, or state socialism.
  • Socialism is an economic system characterized by social ownership, control of the means of production, and cooperative management of the economy.
  • There are many variations of socialism and as such there is no single definition encapsulating all of socialism.

• The Benefits of Socialism

  • Socialism has a number of theoretical benefits, based on the idea of social equality and justice.
  • On the spending side, a set of social policies typically provides free access to public services such as education, health care and child care.
  • Social security schemes in which workers contribute to a mandatory public insurance program.
  • In theory, based on public benefits, socialism has the greatest goal of common wealth;
  • Socialism reduces disparity in wealth, not only in different areas, but also in all societal ranks and classes.

• Early Efforts in Social Responsibility

  • Social responsibility is the idea that an entity needs to act in a way that balances its own gain with societal benefits.
  • The notion of social responsibility is far from new.
  • He argued that corporations' attempts at social responsibility were "morally wrong," as social issues and concerns were best dealt with by government.
  • Social responsibility has taken on heightened importance as a way of building trust in relationships .
  • Oil spills and other environmental disasters show the need for social responsibility.

• The social/cultural environment

  • A number of factors constitute the international environment: social, cultural, political, legal, competitive, economic, plus technology.
  • The cultural environment consists of the influence of religious, family, educational, and social systems in the marketing system.
  • These include: (a) language, (b) color, (c) customs and taboos, (d) values, (e) aesthetics, (f) time, (g) business norms, (h) religion, and (i) social structures.

• Social Influences and Purchasing

  • Social influence occurs when one's emotions, opinions, or behaviors are affected by others.
  • Social influence takes many forms and can be seen in conformity, socialization, peer pressure, obedience, leadership, persuasion, sales, and marketing.
  • These include our need to be right (informational social influence) and our need to be liked (normative social influence).
  • Specific forms of social influence include culture, sub-culture, locality, royalty, ethnicity, family, social class, past experience reference groups, lifestyle, and market mix factors.
  • Compare and contrast informational social influence and normative social influence and how companies take advantage of them through marketing

• Corporate Social Responsibility and sustainable development in the global environment

  • The topics surrounding Corporate Social Responsibility (CSR) have become more complex due to the globalization of the economy and the issues that arise from companies competing in international markets.
  • This heightened awareness of CSR and sustainable development has been endorsed by an increased responsiveness to ethical, social, environmental and other global issues.
  • Corporate Social Responsibility (CSR) is a concept whereby companies integrate ethical, social, environmental, and other global issues into their business operations and in their interaction with their stakeholders (employees, customers, shareholders, investors, local communities, government), all on a voluntary basis.

• The Disadvantages of Socialism

  • Some of the primary criticisms of socialism are claims that it creates distorted or absent price signals, results in reduced incentives, causes reduced prosperity, has low feasibility, and that it has negative social and political effects.
  • Some of the primary criticisms of socialism are claims that it creates distorted or absent price signals, results in reduced incentives, causes reduced prosperity, has low feasibility, and that it has negative social and political effects.
  • Evaluate how key components of socialism, such as state ownership of the means of production and the centralization of capital, can be disadvantageous to an economy