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Socialism - means of production owned by the people and the government for the welfare of society
Socialism is actually a middle term between the free market and the communism. The State has a lot of power and is supposed to use it to redistribute the wealth among the people.
Capitalism - small percentage of private individuals have ownership over means of production
It generally is like that in our world, but it doesn't necessarily need to be true. Capitalism is a system that is all about free trade and anyone can produce and sell their services or products. Generally, there is always someone who gets big enough to employ thousands of people, but it isn't necessarily a bad thing. Even though many of the means of production might end up owned by few people, generally speaking, capitalism made the world richer and more technologically evolved.
Utopianism - Ideal society in which everyone is treated fairly and taken care of
The word Utopia was first used by Sir Thomas More in his book Utopia (1516). By definition, a utopia would be "an imagined place or state of things in which everything is perfect.
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Thomas Hobbes, an English philosopher and scientist, was one of the key figures in the political debates of the Enlightenment period. Despite advocating the idea of absolutism of the sovereign, he developed some of the fundamentals of European liberal thought.
Hobbes was the first modern philosopher to articulate a detailed social contract theory that appeared in his 1651 work Leviathan. In it, Hobbes set out his doctrine of the foundation of states and legitimate governments and creating an objective science of morality.
Hobbes argued that in order to avoid chaos, which he associated with the state of nature, people accede to a social contract and establish a civil society.
One of the most influential tensions in Hobbes’ argument is a relation between the absolute sovereign and the society. According to Hobbes, society is a population beneath a sovereign authority, to whom all individuals in that society cede some rights for the sake of protection. Any power exercised by this authority cannot be resisted because the protector’s sovereign power derives from individuals’ surrendering their own sovereign power for protection.
Hobbes also included a discussion of natural rights in his moral and political philosophy. While he recognized the inalienable rights of the human, he argued that if humans wished to live peacefully, they had to give up most of their natural rights and create moral obligations, in order to establish political and civil society.
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