Larry King coined the term "Wakaloo" as a duplicate meaning for socialism. It's used as a place holder to advocate for political discourse since the term "socialism" has been misunderstood and negative stigma applied. In order to prevent a discourse of semantics, wakaloo is used to avoid arguments.
Before its collapse in 1991, the U.S.S.R was a wakaloo state.
by InsanityChicken March 12, 2020
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