A utopian idea for common wealth which relies on an idealized society. In practice it succumbs to corruption and promotes oligarchy. When it fails, capitalism inevitably takes over providing a more practical and efficient allocation of resources.
by Anonymous November 02, 2002
by Anonymous October 09, 2003
by Anonymous October 22, 2003
A system that, in theory, is probably the best type of government. When put ino practice, however, the country usually falls into a totalitarisnistic state.
by Anonymous August 18, 2003