A system of government that favors mediocrity, and destroys innovation. Advocated by the extreme zealot liberals who get it into their heads that being wealthy is a "bad" thing.
Everyone does a half-assed job in everything they do (if they work at all) because there is NO incentive to do it well or compete with anyone else. The idea of an enlighted man doing it for the betterment of society is a pipe dream. No one is that big of a tool.
Communism - A friend of mine roomed with a communist and he mooched food, art supplies, and used his stuff without asking. This commi's greatest aspiration is life was to become homeless, because "it's better than having to sell your labor."