CEVAP:

Socialism emerged after rapid impoverishment of a vast majority of people due to industrialization in the 19th century, as working class formed an ideological construction. In other words, socialism emerged “as a critique of liberal market society and was defined by its attempt to offer an alternative to industrial capitalism”. Marshall (1998) defines socialism as “an economic and political system based on collective or state ownership of the means of production and distribution- although, like capitalism, the system takes many and diverse forms”.