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Socialism is a way of controlling the economy, in which the government owns and runs all of the businesses of a society. Socialism can be broken up into two different categories: Utopian Socialism and Scientific Socialism. These two types have some similar views, but also are very different in certain ways. For example, Utopian Society is basically a peaceful way to get what you want whereas Scientific Socialism, which was what Karl Marx represented, held the belief that the only way to get what you want is through revolution. These views of socialism held the total opposite views of a man named Adam Smith, who believed in capitalism, and who wrote the book, The Wealth of Nations.
There was agreement between the two different forms of Socialism in that they both held the same basic beliefs that the government should run all parts of society and that no one group was any more special than another. That is, one person should not be favored over another. Socialists though that......

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Approximate Word Count: 949
Approximate Pages: 4 (250 words per double-spaced page)

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