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[[Marx, Karl|Karl Marx]] considered socialism to be a transitory stage between capitalism and communism. In his view, socialism is summed up by the expression: "From each according to his ability, to each according to his needs." A major criticism of socialism is that it infringes individual rights in favour of the populace. In a very real sense, politics in the western world throughout the 20th century was shaped by the conflict between socialist and capitalist governmental policies.

[[Marx, Karl|Karl Marx]] considered socialism to be a transitory stage between capitalism and communism. In his view, socialism is summed up by the expression: "From each according to his ability, to each according to his needs." A major criticism of socialism is that it infringes individual rights in favour of the populace. In a very real sense, politics in the western world throughout the 20th century was shaped by the conflict between socialist and capitalist governmental policies.

Although socialist parties are common in Europe, the leading examples all currently embrace some free enterprise, individual property rights and certain other aspects of capitalism although leading European Socialists are very critical of America<ref>[http://www.pes.org/content/view/666/74/lang,en/]</ref>.

Although socialist parties are common in Europe, the leading examples all currently embrace some free enterprise, individual property rights and certain other aspects of capitalism although leading European Socialists are very critical of America.

 

== British socialism ==

== British socialism ==