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Socialism, on the contrary, extends its function to the description of society as it should be, and the discovery of the means of making it what it should be.

The only hope of socialism resides in those who have already brought about in themselves, as far as is possible in the society of today, that union between manual and intellectual labor which characterizes the society we are aiming at.

Socialism, as I understand it, is a system of democracy. Without democracy, there is no socialism.

I must firmly adhere to the views I have held and practice, that Socialism to succeed must be practical, tolerant, cohesive and consciously compromising with Progressive forces running, if not so far, in parallel lines towards its own goal.

Socialism is practical, in the best sense of the term; a living, vital force of inestimable value to society.

Socialism is about claims of justice, and it is also about money: about wealth, income, physical and financial capital. It is an ideology based on allocating economic resources. It may try to achieve that goal by nationalizing assets, by command-and-control regulation, or by taxation and redistribution.

The goal of socialism is a fairer allocation of economic resources, which its advocates often claim will also be a less wasteful one. Socialism is about who gets the goods and how. Socialism objects to markets because markets allocate resources in ways socialists believe to be unfair on both counts: both the who and the how.

Socialism is nothing more nor less than the social, political and ideological system which breaks the fetters upon economic growth created under capitalism and opens the way to a new period of economic and social expansion on a much larger scale.