There are five types of Socialism.
- Foundation Socialism.
- Private Forms of Socialism.
- Left Wing Socialism.
- Communist Socialism.
- Right Wing Socialism.
These forms of Socialism are listed in the order of their importance and to the degree they create prosperity.
This form of Socialism exists in and is a vital part of every Nation on the planet. It is the economic foundation of the Nation. It is more commonly called Infrastructure.
Foundation Socialism falls under this definition of Socialism: Socialism is any Government financed programs directed and controlled by a Government.
Foundation Socialism includes: roads, bridges, canals, dams, irrigation infrastructure, flood control, airports, harbors; water treatment plants, sewage treatment plants; education, policing, fire control, national defense (not national offense); public health, Social Security and Medicare, public transit, etc.
Who benefits and prospers from Foundation Socialism? All people on the planet!
Private Forms of Socialism:
Private Forms of Socialism include Co-operatives and Employee Owned Businesses.
Private Forms of Socialism fall under this definition of Socialism: Socialism can be a community of individuals working together during the process of creating prosperity through production.
Co-operatives and Employee Owned Businesses are legal entities owned and democratically controlled by its members. Members often have a close association with the enterprise as producers or consumers of its products or services, or as its employees. (Wikipedia)
Co-operatives and Employee Owned Businesses often share their earnings with members as dividends, which are divided among the members according to their participation in the enterprise, instead of according to the value of their capital shareholdings. The participation would be in the form of regular business given to the Co-operative or production provided in the case of the Employee owned businesses.
Examples: Utility Co-operatives, Agricultural Co-operatives, Retailer’s Co-operatives, Worker Owned Co-operatives, Volunteer Co-operatives, Consumer Co-operatives, Housing Co-operatives; Credit Unions, Co-operative Banking, Co-operative Insurance, Secondary Co-operatives (co-operatives that co-operate with other co-operatives,) etc.
Who benefits from Private Forms of Socialism? All people who participate in it and anyone else who purchases the commodities, trades, goods and services provided by the Private Forms of Socialism.
Left Wing Socialism:
Left Wing Socialism falls under this definition of Socialism: Socialism is any Government financed programs directed and controlled by a Government.
The term Left Wing is derived from the National Assembly in France (1789-1791). This was where the Commons sat to the Presidents left and the Nobles to the right.
The Commons are composed of ordinary people without rank or title.
Examples: Government Programs that were normally taken care of by charity. Government Programs for the poor and handicapped, which include monthly payments, housing and medical. Retirement homes, programs for the Homeless, etc.
Over the years many Foundation Social Programs have been lumped into Left Wing Socialism. Foundation Social Programs are not Left-Wing Socialism. Foundation Social Programs benefit all people in a society. They are the Foundation of the Nation, they are fundamental to the prosperity of a Nation. Without Foundation Socialism, there would be very little prosperity if any at all. Left Wing Socialism benefits a small number of individuals. Societies fund these programs because they help humanity be humane.
Who benefits from Left Wing Socialism? The people who receive the benefits.
Communist Socialism falls under this definition of Socialism: Socialism can be a theory or system of the ownership and operation of the means of production and distribution by society or the community rather than by private individuals, with all members of society or the community sharing in the work and the products. (Webster’s New 20th Century Dict. Unabridged)
In Communist Socialism, the society, community or Nation owns and operates the means of production and distribution. The individual members of the society, community or Nation share in the work and labor.
This is a Political Economic System where a small number of individuals take over the control of Governments. Once in control of the Government they set up Government Programs that they use to redistribute and concentrate the wealth of the Nation into their own hands. Communist Socialism is not Left-Wing Socialism! Communist Socialism is very similar to Right Wing Socialism. They are Socialist competitors, doing whatever it takes to redistribute and concentrate the wealth of the Nation into their own hands.
Who benefits from Communist Socialism? In the short run, a very small number of individuals who control the government. Everyone else loses! In the long run, everyone loses!
Right Wing Socialism:
Right Wing Socialism occurs when a small group of rich and powerful individuals take over the control of a Government and set up Government Programs that allow them to redistribute and concentrate the wealth of a Nation into their own hands.
Right Wing Socialism falls under this definition of Socialism: Socialism is any Government financed programs directed and controlled by a Government.
Right Wing Socialists call themselves Capitalists. Right Wing Socialists are not Capitalists! Capitalists don’t accept government handouts or advantages in the Market through Government programs. Right Wing Socialists promote a tremendous distain toward Socialism while they are the “Hogs at the Trough of Socialism”. They are very destructive to a Nation.
Examples: excessive Military Spending, conducting wars without exhausting all resources in the quest to prevent war; corporate welfare, Agricultural welfare, bailouts to the Banking system, bailouts to Wall Street, deficit spending; monopolizing the media, monopolizing energy systems, other Government sanctioned monopolies, socializing the losses and privatizing the profits of corporations; no bid government contracts, allowing corporations the rights of citizens, FDIC insurance for the Banking industry, Government insurance for the Vaccine industry, Government insurance for the Nuclear industry, etc.
Right Wing Socialism includes Fascism, Oligarchies and Plutocracies.
Who benefits from Right Socialism? In the short run, only a very small number of individuals who control the Government. In the long run, everyone loses. They concentrate the wealth of a Nation into their own hands. This action slows money velocity (rate at which money changes hands in a society) and leads to recessions, depressions and war. In the long run, even the Right-Wing Socialists lose.