This article draws from Gus Hall's Report to the 19th National Convention of the Communist Party, U.S.A — On course: the revolutionary process.  Socialism is both a political and economic theory and a historical stage in human development.

In a socialist society:

-Essential services like healthcare, education, and housing are considered fundamental human rights, not commodities. -Political and economic power is placed in the hands of the working class, allowing people to determine their own path forward based on their needs, traditions, and lived experiences. -Wealth and resources are redistributed to ensure a fair and dignified standard of living for all.