A type of Government that rather than redistributing wealth, redistributes poverty through confiscatory, and often unfair taxes, affecting in particular the middle classes who, earn too much to claim benefits but who do not earn enough to pay their taxes and yet enjoy a sufficently rewarding standard of living relative to how hard they work.
By paying five hundred pounds in Tax and a further one hundred and ninety in national insurance Mr Smith was subsidising two households where the occupants were second and third generations of people who had never worked and claimed benefits.
This is due to the cause of socialism, and it's Marxist roots. People who have had an overprivelidged childhood and feel guilty about it or those who feel like the world owes them a living generally vote in this way, for a socialist party.
ii. The Livingstonian bus (expensive and pointless)
iii. A purchase made to benefit the few.
iv. The idea that the state and not individuals are responsible for their actions.
This is due to the cause of socialism, and it's Marxist roots. People who have had an overprivelidged childhood and feel guilty about it or those who feel like the world owes them a living generally vote in this way, for a socialist party.
ii. The Livingstonian bus (expensive and pointless)
iii. A purchase made to benefit the few.
iv. The idea that the state and not individuals are responsible for their actions.
by Andrew Kirk October 16, 2008
Get the Socialismmug. A political and economic system in which property and the distribution of wealth are subject to social control, through which the government hopes to stop or reduce poverty, unemployment and exploitation. Looks good on paper but fails because it doesn't understand the extremely complex nature of business and works off the insulting notion that people are ants and will work for no reward or acknowledgement of their skills, hardwork or efficiency.
Most countries experience huge falls in the standard of living under socialist states due to massive mismanagement of the economic system and the general failure to realise the importance of private businesses in wealth creation and
living standards. Under a socialist system businesses suffer huge drops in efficiency because of central planning and lack of competition, although they can produce basic requirements such as food and clothing they cannot produce
other items that are not required but are in demand such as computers or about anything else that made your life fun.
Also more people are required to produce everything due to the massive drop in efficiency, although you have more people employed than in a capitalist system they produce far fewer goods at a far greater cost.
There are only 10 current real socialist states: Angola, China, Cuba, Congo (republic of), North Korea, Libya, Mozambique, Sri Lanka, Syria and Vietnam. Some people claim that socialism is the next thing after capitalism, these are mainly white middle class students who have not studied business (you find few business studies students who have anything good to say about socialism)and socialism's greatest flaw is that it goes against basic laws of business which will do not change, also the current socialist states have some of the worlds lowest living standards and there numbers are constantly shrinking and no new ones are likely to develop whilst capitalist systems are growing all the time and have grater living standards (even for the working class).
Like Communism, Socialism is a utopian vision of society that is simply unworkable, this is because it was developed by Marx and Engels in Russia under a autocratic system where 85% people had to work for 16 hours a day to survive and were basically slaves. However society has changed a great deal and such injustices no longer exist, any attempts to get socialism to work today are stupid at best and suicidal at worst.
Most countries experience huge falls in the standard of living under socialist states due to massive mismanagement of the economic system and the general failure to realise the importance of private businesses in wealth creation and
living standards. Under a socialist system businesses suffer huge drops in efficiency because of central planning and lack of competition, although they can produce basic requirements such as food and clothing they cannot produce
other items that are not required but are in demand such as computers or about anything else that made your life fun.
Also more people are required to produce everything due to the massive drop in efficiency, although you have more people employed than in a capitalist system they produce far fewer goods at a far greater cost.
There are only 10 current real socialist states: Angola, China, Cuba, Congo (republic of), North Korea, Libya, Mozambique, Sri Lanka, Syria and Vietnam. Some people claim that socialism is the next thing after capitalism, these are mainly white middle class students who have not studied business (you find few business studies students who have anything good to say about socialism)and socialism's greatest flaw is that it goes against basic laws of business which will do not change, also the current socialist states have some of the worlds lowest living standards and there numbers are constantly shrinking and no new ones are likely to develop whilst capitalist systems are growing all the time and have grater living standards (even for the working class).
Like Communism, Socialism is a utopian vision of society that is simply unworkable, this is because it was developed by Marx and Engels in Russia under a autocratic system where 85% people had to work for 16 hours a day to survive and were basically slaves. However society has changed a great deal and such injustices no longer exist, any attempts to get socialism to work today are stupid at best and suicidal at worst.
Contrary to what some of you idiots are saying neither Canada or any country in Western Europe is socialist or even close to it. Socialism is dead, write that in your scrap book hippie
by Niallcroydon October 28, 2006
Get the Socialismmug. The idea that you have something that I don't, therefore you should give it to me. Commonly used by left wing media as a "catch all" solution, kind of like WD40.
Guy: Hey can you help me I fell off my chair and I think I broke my arm.
Alexandria Ocasio-Cortez: *horse face* Have you tried socialism?
Alexandria Ocasio-Cortez: *horse face* Have you tried socialism?
by RD8 March 5, 2019
Get the Socialismmug. A form of government that forces the upper class to pay for everyone's health care, everyone's house, and everyone's crack.Sure it works out well at first, but after everyone realizes that the upper class can only handle so many taxes without becoming lower class themselves socialism becomes communism.And also socialist hospitals suck, I know from experience.After all no doctor wants to bust their ass for
the mediocre salary socialized health care workers get.
the mediocre salary socialized health care workers get.
by Who-dey December 9, 2008
Get the Socialismmug. A fancy word for Communism.
by Some Loser August 28, 2006
Get the Socialismmug. An economic system in which the government controls everything and provides everyone with everything they need. In theory it works, but in practice... it fails. And here are 6 reasons why:
1. If The Government controls the economy then they control your life
2. When the government run's something, it becomes inefficient & corrupt
3. If one guy works hard, and the other is lazy they get payed the same
4. Why would a doctor got to medical school to get payed the same as a janitor at "Government Burger"
5. Socialism has failed before (USSR) and it won't work now
6. Since there is no incentive to succeed, this means it will take years for technology to advance
1. If The Government controls the economy then they control your life
2. When the government run's something, it becomes inefficient & corrupt
3. If one guy works hard, and the other is lazy they get payed the same
4. Why would a doctor got to medical school to get payed the same as a janitor at "Government Burger"
5. Socialism has failed before (USSR) and it won't work now
6. Since there is no incentive to succeed, this means it will take years for technology to advance
by TheRationalCapitialist February 19, 2011
Get the Socialismmug. An ornate tool of individual identity erosion; a device that defies all moral conceptions and standards. In particular, our unique qualities, work ethic and personality are key to stable notions of humanity. With the loss of any of these, our humanity is called into question, leading to the devastating possbiility of everything we know of ourselves.
And the loss of self, courtesy of socialism, allowed for the exploitation of citizens in the inept utopia of 1984.
by Anonymous4982 February 11, 2007
Get the Socialismmug.