Workers getting a large share of a company’s revenue, much of which is in the form of fractional ownership of the company sure sounds quasi-socialist to me! It doesn’t matter that market conditions led to this compensation scheme (as opposed to direct political intervention); what matters is the end result.
So are you saying that socialism can only exist if it's imposed and maintained by the state? (i.e. no democratic society can be socialist by definition?)
>So are you saying that socialism can only exist if it's imposed and maintained by the state?
I 'm not sure I understand the question? Socialism is a political philosophy on how the state should operate and what it should permit. It IS a description of the states behavior.
Democracy has nothing to do with it. You can have a socialist country with a king, or with direct democracy and no leader.
You can't have a socialist state without socialist laws and rules.
I think some of the confusion is from how the word is used now.
People refer to systems which apply socialist thinking as socialism, even if the governance is not a state government.
For example, let's say a theoretical union takes guidance from the political philosophy of socialism, and requires union members to contribute the highest percentage of their salary as union dues, that they can legally get away with. Let's say workers are paying 90% of their salaries in union dues.
The union can then use those dues to support the union members in various ways.
This isn't a state government, but it behaves like a socialist system and people would probably call it an example of socialism.
> Let's say workers are paying 90% of their salaries in union dues. The union can then use those dues to support the union members in various ways.
Realistically that seems to be more or less completely unsustainable without some use of force. e.g. if individuals who contribute more than they pay in are allowed to opt-out the system quickly collapses. That's how universal healthcare, state pension/social systems work etc. so it's not necessarily a bad thing. However in general socialist "corporations" are generally incapable of competing in a "free" market so they can only exist when they are supported by the state or private/capitalist enterprises are banned or strongly restricted in one way or another.
Well by Democracy I implicitly meant freedom of speech, independent judiciary, protection of private property and individual civil rights etc. most of those things are not really compatible with state imposed socialism.