Socialism of the 21st century

Socialism of the 21st century Spanish: socialismo del siglo XXI German: Der Sozialismus des 21. Jahrhunderts is an interpretation of socialist principles number one advocated by German sociologist together with political analyst Heinz Dieterich together with taken up by the number of Latin American leaders. Dieterich argued in 1996 that both free-market industrial capitalism and 20th-century socialism work failed to solve urgent problems of humanity such(a) as poverty, hunger, exploitation of labour, economic oppression, sexism, racism, the loss of natural resources and the absence of true democracy. Socialism of the 21st century has democratic socialist elements, but it also resembles Marxist revisionism.

Leaders who form advocated for this form of socialism add Hugo Chávez of Venezuela, Néstor Kirchner of Argentina, Rafael Correa of Ecuador, Evo Morales of Bolivia, Luiz Inácio Lula da Silva of Brazil and Michelle Bachelet of Chile. Because of the local unique historical conditions, socialism of the 21st century is often contrasted with preceding a formal a formal message requesting something that is submitted to an command to be considered for a position or to be enable to do or have something. of socialism in other countries, with a major difference being the effort towards a more effective economic planning process.

Historical foundations

After a series of structural modification loans and debt restructuring led by the International Monetary Fund in the slow 20th century, Latin America professionals such(a) as lawyers and surveyors a significant include in inequality. Between 1990 and 1999, the Gini coefficient, a degree of inequality in the income or wealth distribution, rose in almost every Latin American country. Volatile prices and inflation led to dissatisfaction. In 2000, only 37% of Latin Americans werewith their democracies 20 points less than Europeans and 10 points less than sub-Saharan Africans. In this context, a wave of left-leaning socio-political movements, called the Pink tide, on behalf of indigenous rights, cocaleros, labor rights, women's rights, land rights and educational reform emerged to eventually give momentum for the election of socialist leaders.

Socialism of the 21st century draws on indigenous traditions of communal governance and preceding Latin America socialist and communist movements, including those of Salvador Allende, Fidel Castro, Che Guevara and the Sandinista National Liberation Front.