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Socialism and Communism

Collectivism and the redistribution of wealth

  • 3 things to know
  • A2 Unit 3

Overview

Progressive taxation and new Right criticism of redistributive collectivism.

What you need to know

Answer each one before you reveal it.

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Key term

Define collectivism.

Key term

Give two collective institutions socialists rely on.

Key term

What is redistribution?

Questions from this subtopic

Each one with the model answer underneath.

  1. 1

    Define collectivism.

    Model answer

    The belief that people achieve most by acting together for a common purpose, so collective bodies rather than individuals should organise important activity.

  2. 2

    How does collectivism differ from individualism?

    Model answer

    It treats the group as the proper unit of both action and moral concern, whereas individualism treats each person's own choices and interests as primary.

  3. 3

    Give two collective institutions socialists rely on.

    Model answer

    Trade unions and co-operative societies, alongside publicly owned services.

  4. 4

    What is redistribution?

    Model answer

    The transfer of income or wealth from the better off to the worse off, usually through taxation and public spending.

  5. 5

    Define progressive taxation.

    Model answer

    Taxation that takes a rising proportion of income as income rises, so the better off contribute a larger share.

  6. 6

    Why do socialists favour taxing wealth as well as income?

    Model answer

    Accumulated and inherited assets are distributed far more unequally than earnings, and they generate further income without work.

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