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    Identify the basic component of socialism. Discuss the goals of socialism and discuss why some countries have developed democratic socialism in response to some of its shortcomings.

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    The basic components of socialism are worth noting. Karl Marx founded it, who was a German Socialist. These types of individuals are focused in on injustices that take place within the world. For example, they worry about hunger, poverty, literacy, unemployment and so forth. These individuals view them by means of creating them socially, or within the environment itself, and nurture having nothing to do with it. Human beings are able to solve the problems of the world by means of struggle and change (Socialist Action, 2010).

    Some goals that are important as well. These individuals believe that exploitation, oppression, and ...

    Solution Summary

    This solution identified the basic component of socialism, its goals, and discussed why some countries have developed democratic socialism in response to some of its shortcomings.

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