What are the key ideas of socialism?

In the spiritual socialism that will be law in my Arcadia on earth some day, both the theoretical and practical men will realise their responsibilities to each other and will live to right wrong. The master will not say―How little?  but―

How much can I afford to pay this man to make his life agreeable and not merely bearable?

 

And the man will do his best honourably to give honest and interested service in return, as his right and share in the bargain.

―Claude in Spirit