Socialism gives the vision to the world, which focuses on the means of production and distribution to eradicate poverty. Lohia did not give any recognition to the prevailing socialism in India. He denied applying the form of European socialism to India. He said that Indian socialism should be compatible with Indian conditions and history. He thought that "the socialism of India should now be raised by giving it both spiritual and material ideological form in which it can help both these elements of man".
The socialist thought of Ram Manohar Lohia was extremely revolutionary and original. He considered social inequalities to be the root of all problems.
Therefore, the main goal of his socialism was to establish equality, just as there is spiritual and material equality in the complaint, in the same way
Equality should also be established in society. Lohia was in favor of developing Indian socialism according to the circumstances of the country. They
Democracy, national freedom and the need for change, stated the goal of Indian socialism. Lohia did not fully agree with democratic socialism. He believed that only the true ideal of socialism can be achieved according to the Gandhian method. Stating that Satyagraha was the only effective weapon for Indian socialism, he stressed on the adoption of Satyagraha. In the absence of power, resistance to injustice and tyranny can be done only through satyagraha, he believed.
Lohia thought that both capitalism and communism believe in the same type of economy. Capitalism converts into personal property. He focused on industries in which there is not much expenditure on machines. Lohia ji emphasized "decentralized planning". He laid emphasis on industries based on small machines. Lohia ji raised the slogan of 'New-Socialism'. He gave five important principles of new socialism which are equality, democracy, non-violence, decentralization and socialism. Ram Manohar Lohia has described the socialism of entire Asia as one type of socialism, which has to suffer from some special weaknesses -
1) Religion has a special effect on politics, both caste or species affect this politics.
2) The politics of opponents is suppressed on the basis of power and violence.
3) The birth of a middle-class category which is influenced by bureaucracy and politicians whose attitude, habits and thinking is Europe.
4) Skilled leadership to Yantra artists whose work is unimportant.
5) There is a complete lack of integrated social philosophy, policies and programs. This last disease is the root of all diseases.
Lohia ji holds an important and prestigious place among Indian socialists. As a socialist intellectual, Lohia ji had pondered and contemplated. He tried to look at the problems of socialist thinking from the Asian point of view. He was not a cultist. He always kept in mind the problem of development of human personality through karma and thinking. He wanted to express the entire life and nature of man. He was not in favor of one-sided and limited growth of any specific aspect of personality.