Contemporary Socialistic Politics: Pathways to Equality and State Welfare in a Globalized Economy

The twenty-first century has witnessed a resurgence of socialist ideology in response to growing global inequalities, unstable labor conditions, and systemic issues within neoliberal capitalism. This research examines modern socialist politics as a paradigm for tackling social and economic disparities, enhancing state welfare, and establishing sustainable development trajectories within a progressively globalized economy. The research examines the theoretical underpinnings, policy advancements, and practical implementations of socialist-inspired governance under various political frameworks. It also examines the conflicts between global capitalism and national social welfare policies, providing insights into potential avenues for achieving a more equal global system.