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Socialism is an economic and political philosophy encompassing diverse economic and social systems characterised by social ownership of the means of production, as opposed to private ownership. It describes the economic, political, and social theories and movements associated with the implementation of such systems. Social ownership can take various forms, including public, community, collective, cooperative, or employee. As one of the main ideologies on the political spectrum, socialism is considered as the standard left-wing ideology in most countries. Types of socialism vary based on the role of markets and planning in resource allocation, and the structure of management in organizations.

The socialist political movement includes political philosophies that originated in the revolutionary movements of the mid-to-late 18th century and out of concern for the social problems that socialists associated with capitalism. By the late 19th century, after the work of Karl Marx and his collaborator Friedrich Engels, socialism had come to signify anti-capitalism and advocacy for a post-capitalist system based on some form of social ownership of the means of production. By the early 1920s, communism and social democracy had become the two dominant political tendencies within the international socialist movement, with socialism itself becoming the most influential secular movement of the 20th century. Many socialists also adopted the causes of other social movements, such as feminism, environmentalism, and progressivism. (Full article...)

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The Fabian Society is a British socialist organisation whose purpose is to advance the principles of democratic socialism via gradualist and reformist effort in democracies, rather than by revolutionary overthrow. As one of the founding organisations of the Labour Representation Committee in 1900, and as an important influence upon the Labour Party which grew from it, the Fabian Society has had a powerful influence on British politics. Other members of the Fabian Society have included political leaders from countries formerly part of the British Empire, such as Jawaharlal Nehru, who adopted Fabian principles as part of their own political ideologies.

Today, the society functions primarily as a think tank and is one of 15 socialist societies affiliated with the Labour Party. Similar societies exist in Australia (the Australian Fabian Society), in Canada (the Douglas–Coldwell Foundation and the now disbanded League for Social Reconstruction), in Sicily (Sicilian Fabian Society) and in New Zealand (The NZ Fabian Society).


Official portrait, 1970

Salvador Guillermo Allende Gossens (26 June 1908 – 11 September 1973) was a Chilean socialist politician who served as the 28th president of Chile from 1970 until his death in 1973. As a socialist committed to democracy, he has been described as the first Marxist to be elected president in a liberal democracy in Latin America. Allende's involvement in Chilean politics spanned a period of nearly forty years, during which he held various positions including senator, deputy, and cabinet minister. As a life-long committed member of the Socialist Party of Chile, whose foundation he had actively contributed to, he unsuccessfully ran for the national presidency in the 1952, 1958, and 1964 elections. In 1970, he won the presidency as the candidate of the Popular Unity coalition in a close three-way race. He was elected in a run-off by Congress, as no candidate had gained a majority. In office, Allende pursued a policy he called "The Chilean Path to Socialism". The coalition government was far from unanimous. Allende said that he was committed to democracy and represented the more moderate faction of the Socialist Party, while the radical wing sought a more radical course. Instead, the Communist Party of Chile favored a gradual and cautious approach that sought cooperation with Christian democrats, which proved influential for the Italian Communist Party and the Historic Compromise.

As president, Allende sought to nationalize major industries, expand education, and improve the living standards of the working class. He clashed with the right-wing parties that controlled Congress and with the judiciary. On 11 September 1973, the military moved to oust Allende in a coup d'état supported by the CIA, which initially denied the allegations. In 2000, the CIA admitted its role in the 1970 kidnapping of General René Schneider who had refused to use the army to stop Allende's inauguration. Declassified documents released in 2023 showed that US president Richard Nixon, his national security advisor Henry Kissinger, and the United States government, which had branded Allende as a dangerous communist, were aware of the military's plans to overthrow Allende's democratically elected government in the days before the coup d'état. As troops surrounded La Moneda Palace, Allende gave his last speech vowing not to resign. Later that day, Allende died by suicide in his office; the exact circumstances of his death are still disputed. (Full article...)

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