Latin American History – 1791 to Present
Socialism is an economic and political system where the means of production, distribution, and exchange are owned or regulated by the community as a whole, aiming to achieve greater equality among citizens. It challenges the principles of capitalism by advocating for collective ownership and addressing social inequalities. This ideology has played a significant role in shaping various revolutionary movements and labor reforms across different regions, influencing policies aimed at social justice and worker rights.
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