Philanthropism in the context of "History of the socialist movement in the United Kingdom"

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⭐ Core Definition: Philanthropism

Philanthropy is a form of altruism that consists of "private initiatives for the public good, focusing on quality of life". Philanthropy tends to be used interchangeably with the term charity. Charity has been noted in Egypt, centuries before the Christian era, with having religious origins. Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material gain; and with government endeavors that are public initiatives for public good, such as those that focus on the provision of public services. Present day philanthropy has evolved into providing long-term aid and change, rather than immediate relief. A person who practices philanthropy is a philanthropist.

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👉 Philanthropism in the context of History of the socialist movement in the United Kingdom

Socialism in the United Kingdom is thought to stretch back to the 19th century from roots arising in the English Civil War. It has taken many different forms from the utopian philanthropism of Robert Owen through to the reformist electoral project enshrined in the Labour Party that was founded in 1900 and nationalised a fifth of the British economy in the late 1940s.

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