What Should Socialism Mean in the 21st Century?

Politicians like Bernie Sanders and Alexandria Ocasio-Cortez wear the socialist label proudly and win support, while organizations that espouse it attract new members in droves. What do they mean by “socialism”? What does or should “socialism” signify in the present era? Nancy Fraser constructs an expanded conception of socialism that overcomes the narrow understandings. Fraser contends that socialism must do more than transform the economy: it must also transform the economy’s relation to its background conditions, especially non-human nature, the unwaged work of social reproduction, and political power. In a nutshell, a socialism for the 21st century must be ecological, feminist, anti-racist, and democratic.