Socialism is one of the various political, social, and economic theories which advocates for collective or government ownership of the means of production. It includes numerous political theories and movements associated with such social systems. Social ownership of the means of production is the one common element of these systems. There are various opinions about the degree of regulation of the economy required, intervention of the society and whether government is the correct means for change. The condition of social existence that is significantly different from all the previous forms of human experience is termed as modernity. This book provides comprehensive insights into the field of socialist modernity. The topics covered in it deal with the core subjects of this field. A number of latest researches have been included in this book to keep the readers up-to-date with the global concepts in this area of study.