CHAPTER 6
Socialism: Meaning, Growth and Development
Pushpa Singh and Chetna Sharma
Reader’s Guide
Socialism has been a fascinating ideology that has guided and shaped the formation of many socialist regimes in the 20th century around the world. It has been seen as having tremendous scope in providing an alternative to the existing political and economic order. The beginning of 20th century saw the consolidation of socialist regimes that gradually became formidable in power and influence by manoeuvred projection, positioning and symbolism. Yet, in spite of the emancipatory promises and grand vision of their discourse, majority of these political systems began crumbling gradually. Why did it happen? What were the structural and institutional ...
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