By: Quinluan Walton
Benefits of Socialism
Socialism is the collective ownership by all the people of the factories, mills, mines, railroads, land and all other instruments of production.
Description Of Socialism
Socialism means direct control and management of the industries and social services by the workers through a democratic government based on their nationwide economic organization.
Under socialism, all authority will originate from the workers, integrally united in Socialist Industrial Unions. In each workplace, the rank and file will elect whatever committees or representatives are needed to facilitate production
But i say Social security schemes in which workers contribute to a mandatory
public insurance program. The insurance typically includes monetary provisions for retirement pensions and survivor benefits, permanent and temporary disability, unemployment and parental leave.