Under Socialism would there still be Rich or Wealthy People ?

[tradeunionsupporter]

Under Socialism Im not talking about Communism where there are no economic classes no money no wages under Socialism would there still be Rich or Wealthy People or at least an Upper Economic Class the reason Im asking this is because I have read the Book Animal Farm and it seems under Socialism there can still people who make more money than others is this correct or right thank you ?

http://en.wikipedia.org/wiki/Animal_Farm

[Kamos]

There would be some for a while, but wealth inequality would dissipate just like class inequality in a short time. Without the means of production the upper classes will have to merge into the working class, and with that they will also lose their ability to amass great wealth. Also, I wouldn't recommend an Orwell book as a basis for building a socialist society, because Animal Farm was a satire directed specifically at the Stalin-era Soviet Union.

[Bardo]

Progressive taxation + the removal of private property would eventually merge the wealthy with the rest. Until money is eliminated though, there will always be some wealth inequality.

[RGacky3]

not by todays standards, I'm sure doctors might be a bit better off.

[Dulce et Decorum est]

Yes, there would still be "Wealthy" people. However I don't think "Wealthy" is the best word to describe it.

As long as there is a form of currency, then there will always be people who have more money than other people, even in Socialism. To be fair, in Socialism the gap between those who have money & those who don't is much, much smaller than in a Capitalist society.

[Rooster]

Again, socialism should be regarded as the same as communism, with the workers owning the means of production. Animal Farm was a critique of the concept of socialism as a (vaguely) distinct economic system with a mixed economy or something. Wealth, in a socialist society, as in any other society, would be measured by the quantity of use-values that you have at your disposal and their quality. To begin with, there will be inequality in this regard until the process of distribution catches up with economic base.