As the light of socialist hopes and expectations fades, and the need for clear vision and historical perspective grows imperative, we might look to the owl of Minerva, trusting she will neither be dazzled by the fires of capitalist celebration (or crisis?) nor succumb to the absolute darkness of despair.
What is needed at this time is a historical account able to provide sufficient definition for the purposes of historians and social scientists, and yet at once accessible enough for (ex-)militants to recognize their own roles and experiences. The reflections that follow obviously make no presumption to provide such an account; they represent, in fact, no more than a preliminary sketch of the field.
From the point of view of social science, socialism is best approached as a culture and as a set of institutional structures, both located in a particular historical epoch. A culture provides its members with three basic orientations: an identity, a world-view (a particular cognitive competence), and a set of values
Socialism has existed as a culture of identity, primarily in terms of class—the working class. But it has also sustained itself in a number of other ways, such as through an identification with the people, the oppressed, the labour movement, the Revolution, and—at the centre of the socialist tradition—by reference to the pantheon of Marx, Engels, Kautsky/Bernstein/Lenin, and other national founders, in their corpus of canonical writings and concepts. In addition, the culture of socialism has depended on its membership cards, networks of common understanding, and its symbols and rituals—the red flag and other, less universal, standards, such as the red star, the hammer and sickle or the red rose, The Internationale and other songs, the clenched-fist salute.
Socialist theory in general and Marxism in particular provided three crucial elements of socialism’s intellectual culture: first, an explanation of injustice and inequality in terms of the operation of capitalism and imperialism, and more generally in terms of class rule and exploitation; secondly, a historical perspective that located the possibilities of change within the very development of capitalism; thirdly, a conception of social and historical agency that emphasized the capacity and collective strength of the exploited, the oppressed, the downtrodden. The core of socialist values might be said to consist of equality and solidarity, which may be given either an individualist or a collectivist inflection, as in the communist utopia of Marx and Engels and in most socialist-movement practice respectively. Both core values are conceived universalistically, referring, at least in principle, to all humankind.