Political Science · Political Theory
Who is credited with popularising the term 'socialist'?
ARobert Owen ✓ Correct
BKarl Marx
CAdam Smith
DSaint-Simon
Correct answer: (A) Robert Owen — The term socialist is linked with Robert Owen and his followers, so the answer is Owen.
Explanation
★The term socialist is linked with Robert Owen and his followers, so the answer is Owen.
★Owen was a Welsh industrialist and a founder of utopian and cooperative socialism.
★He built the model community at New Lanark and later the experiment at New Harmony.
★The Owenite movement of the 1820s and 1830s gave the words socialist and socialism wide currency.
★Karl Marx later developed scientific socialism but did not coin the term.
★Adam Smith was a classical liberal economist, not a socialist at all.
★Saint-Simon was a French utopian socialist whose ideas influenced industrial planning.
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