8 Types of "Socialism" in 75 Minutes || Economic Systems Explained

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Socialism, as a type of economic system, has many interpretations. There are various perspectives on what a socialist economic system is or should be. This video explains a basic definition of a socialist system, and also a basic definition of a capitalist system, and then proceeds to look at eight different interpretations of a socialist system:
- social democracy
- democratic socialism
- libertarian socialism
- market socialism
- libertarian market socialism
- state planned socialism
- orthodox Marxist-Leninist concept of socialism
- unorthodox Marxist-Leninist concept of socialism

This video also explores the debate over whether each of these is or isn’t “real” socialism.

Want a much shorter version of this video? Watch: 8 Types of "Socialism" in 10 Minutes

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►► *SOURCES / BIBLIOGRAPHY* ◄◄
At this link:

YouTube has a 5000 character limit for the video description so I can’t fit the sources here, but you can find them at the link above.
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VIDEO CHAPTERS

0:00 Introduction
2:06 Socialism
8:58 Capitalism
16:29 Social Democracy
24:47 Libertarian Socialism
38:36 Market Socialism
46:03 Libertarian Market Socialism
48:54 State Planned Socialism
55:54 Marxist-Leninist Concepts of Socialism
1:06:27 Democratic Socialism
1:12:00 Review
1:12:56 Economic Systems vs. Political Philosophies
1:14:35 Pitch for video on how communism & socialism could work
1:15:23 Wrap-up

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►►Check out some of my other videos◄◄

► POST-CAPITALISM: A Detailed Look at How It Could Work

► 8 Types of "Socialism" in 10 Minutes

► Communism & Socialism: What Do They REALLY Mean?

► The Abuser Logic of PragerU

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