The topic of our discussion is about the meaning and significance of political ideology and the terms left and right along with the development of major variations and key ideas of socialism as a political ideology.
We all in the agreement that political ideology is very much worthy for the society in the socialistic point of view. If you see, ideology is nothing but the result of basic beliefs about the economic, political, social as well as cultural affairs performed by the majority group of people within as a large society.
The LEFT WING:
The Left wing includes-
Equality: When a society involves in the redistribution of wealth through a welfare state.
Liberty /Freedom: It is the right to dissent and freedom of speech.
Fraternity: It is the communal brotherhood, the sense of working and living unitedly.
The RIGHT WING:
The Left wing includes-
Hierarchy: The existing social order which will go long.
Authority: The execution and preservation of order by an evolved authority.
Property : The right to private ownership.
Socialism is however the Left-wing of our political system where you will find the principle means of distribution, production and exchange are in common ownership. Then come to the term socialism, it refers to a wide range of theoretical and historical socioeconomic systems. Socialism denotes a political and economic system, which includes a collection of moral values and ideals, a philosophical outlook, a type of society or even a certain kind of human character.
Again we all give our mutual consent in favour of a socialist society. But the thing is that It is only an imaginary phenomenon of the society. It has nothing to do with reality because in present people are not working for a common objective in common interest for the betterment of the society and the community at large. Now people are driven by competition.