Following are the main characteristics of socialism :
Social Justice : Socialism aims at social justice.
- Equality : Socialism aims at equality.
- Classless Society : Socialism aims at establishing a classless society, free from exploitation, oppression and disparity.
- Fellow Feeling : Socialism aims at establishing a society based on mutual co-operation and fellow feeling.
- Public Ownership : Socialism presupposes public ownership of the means of production.
- Abolition of Capitalism : Socialism aims at abolishing the capitalist system.
- Abolition of Class Conflict : Socialism aims at abolishing conflicting classes in the society.
- Active Participation : Socialism aims at the active participation of the individual in the productive process of society.
- Developing Necessary Attitude : Socialism aims at developing necessary skills and favorable attitude towards work.
- State Control : Socialism stands for total state control in affairs of life.