The simplest definition for socialism is this: democratic workers' ownership and management of the means of production.

Notice, that this does not imply a state. The comparison between communism and socialism is an erroneous one, as communism refers to a theoretical future society - a classless, stateless society in which the economy and society is run generally of the line of "From each according to their ability, to each according their need , and socialism to an economic system
Socialism or barbarism!
by Llanganati November 23, 2014
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Anything old conservatives claim to hate at this particular moment, from gay sex to clean air, and even literacy.
Schools indoctrinate kids with Socialism! They teach them how to read!
by Notdevinnunes November 25, 2019
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Libertarian socialism: The common ownership & self-management of the means of production

State socialism: State ownership and management of the means of production (operated for social benefit)

Free-market capitalism: Private ownership and management of the means of production

State Capitalism (Communism): State ownership and management of the means of production (operated for profit)
While often described as an example of socialism, the Soviet Union operated on state capitalism
by RevolutionaryWolf May 14, 2015
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The idea that somehow the world owes you a living because you exist.
A system that is built on fantasy and economic ignorance.
A system of selfishness and envy disguised as equality and compassion.
Where the Government controls the means of production and turns everyone into slaves for The State.
The delusion that you can cure poverty by making everyone else poorer.

An idea so bad that they ignore the obvious drawback.

The Rich can just pack up their businesses and their wealth and move somewhere else causing the country's wealth to run out.
"Socialism didn't fail. THAT WASN'T REAL SOCIALISM!"

"The problem with Socialism is eventually you will run out of other people's money."
by SanFran51 August 24, 2021
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May work with a strong willed ruler and many fearful citizens.
"Will someday crush the greedy, fuckhead democrats of George W. Land" -Dominic J.
by Rick December 8, 2003
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