Kid 1: Holy Sh*t! Have you seen the ud definitions of wealthy suburbs!?!
Kid 2: Oh that, they were probs just witten by jealous socialists. Don't even bother trying to listen to them.
Kid 1: Oh, ok.
Kid 2: Oh that, they were probs just witten by jealous socialists. Don't even bother trying to listen to them.
Kid 1: Oh, ok.
by Rich Guy in the 1% October 18, 2017
Get the Socialist mug.1) An economic system where the means of production (large machinery, equipment and land) are organized to directly produce goods and services for use as opposed to being owned and operated for private profit. It entails some form of public, cooperative or collective ownership in the either autonomous cooperatives or a network of public entities or a centralized state.
There are many models of socialism that vary in three ways: the coordinating mechanism for making economic decisions (economic planning or market socialism); the type of ownership; and how firms are managed (self-management, democratic management, etc).
The fundamental difference between socialism and capitalism is the elimination of private property in socialized production under socialism (i.e; in highly collective and mechanized industries) so no idle class can live off profits, rent and interest. Instead of going to a class of capitalists, the profit might go to all the workers in a firm (in cooperative types of socialism) or to the public at large (in public/state ownership types of socialism) - potentially eliminating the need for taxation as a source of public revenue.
2) Political movements that advocate a socialist economic system; but sometimes it is used to refer to the policies of self-described Communist or Social democratic parties regardless of whether or not these policies have anything to do with socialism as a different economic system than capitalism.
There are many models of socialism that vary in three ways: the coordinating mechanism for making economic decisions (economic planning or market socialism); the type of ownership; and how firms are managed (self-management, democratic management, etc).
The fundamental difference between socialism and capitalism is the elimination of private property in socialized production under socialism (i.e; in highly collective and mechanized industries) so no idle class can live off profits, rent and interest. Instead of going to a class of capitalists, the profit might go to all the workers in a firm (in cooperative types of socialism) or to the public at large (in public/state ownership types of socialism) - potentially eliminating the need for taxation as a source of public revenue.
2) Political movements that advocate a socialist economic system; but sometimes it is used to refer to the policies of self-described Communist or Social democratic parties regardless of whether or not these policies have anything to do with socialism as a different economic system than capitalism.
"I am a socialist; I think capitalism is unjust and becoming inefficient for providing for society as a whole."
"Soo... you think we should tax the rich to pay for social programs and regulate businesses to make them work for 'society'?"
"That is not socialism... socialism means changing the ownership of enterprises. In fact, socialism would mean we don't need to rely so much on taxes because the profits made by enterprises could be used to replace the role of taxes in financing public services. And regulation is just an attempt to correct market failures in capitalism, socialism would not require inefficient regulation because we would directly own and run enterprises."
"Soo... you think we should tax the rich to pay for social programs and regulate businesses to make them work for 'society'?"
"That is not socialism... socialism means changing the ownership of enterprises. In fact, socialism would mean we don't need to rely so much on taxes because the profits made by enterprises could be used to replace the role of taxes in financing public services. And regulation is just an attempt to correct market failures in capitalism, socialism would not require inefficient regulation because we would directly own and run enterprises."
by Fighting Falcon October 22, 2012
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Any group of lazy people who don't want to get off welfare or entitlement programs and get a job and work for a living, who feel that what other people, who have gone to school, received an education and worked hard to make their money from, should be simply given to them, for free. That is a socialist.
Shanrikka said she's just gonna keep on having babies cauze she wants to get that check from the man every month and she shouldn't have to work cauze it's her money and it's owed to her, cauze she be all about bein a Socialist.
by BigBoyeeBoulerOver1 April 8, 2011
Get the Socialist mug.Term invented by the affluent to convince the average that the remote possibility of great wealth is worth sacrificing health care, education, and a decent life for seniors. In other words as long as you too can be a Bilderberg, even if the chance is as remote as yogic flying, then the 98% of the population who cannot afford extensive health care, post-secondary education, or retirement savings can all suffer.
"You're being the poster child for socialism donating money to the Cancer Society, even though the pursuit of profit has allowed the use of Atrazine, DDT, BPA, PCB's and other carcinogens to be so affluent some have appeared in rain water.
Just because capital pursuit has indiscriminately stolen from every single living organism it's right to live free from toxic byproducts in the manufacture of our fuel, food, and plastics - it does not make you and I as direct consumers responsible.
Just because capital pursuit has indiscriminately stolen from every single living organism it's right to live free from toxic byproducts in the manufacture of our fuel, food, and plastics - it does not make you and I as direct consumers responsible.
by Hydroguy March 5, 2010
Get the Socialism mug.A socialist is somebody who believes in marxist theory, but always says "That's not real communism" or "real socialism has never been tried". In other words, a socialist is somebody too stupid to know they're a communist.
Gary: I'm a socialist, and I believe that Karl Marx was right... except for the whole violent revolution thing...
Bob: That sounds like a communist to me.
Gary: REEEEE!! Communism and socialism are COOOOOMMMMPLETELY different!
Bob: That sounds like a communist to me.
Gary: REEEEE!! Communism and socialism are COOOOOMMMMPLETELY different!
by Adolf 'Fuhrer' Hitler July 12, 2018
Get the Socialist mug.The current party politicians that rely on corruption, deceit, and lies to try to deceive the American population into becoming China's property. They try to attain absolute power so they can force the populous into a welfare state, so the populous is dependent on the government.
Tim: These draconian lockdowns are killing the economy.
Sarah: yeah, these damn socialist democrats are trying to turn the whole country into California, and New York.
Tim: We better learn mandarin....
Sarah: yeah, these damn socialist democrats are trying to turn the whole country into California, and New York.
Tim: We better learn mandarin....
by Texas_Patriot January 22, 2021
Get the Socialist Democrat mug.Stepping stone from Capitalism to Communism. It will not work with humans and society at the current level of evolution. I do believe, however, in the far future, it will be possible. The reason socialism and communism have not worked so far is because they did not first have capitalism. You see, Capitalism provides the infrastructure needed for Socialism and Communism to work and in places like the USSR and China, they went straight from agrarian societies to Communism (skipping capitalism and socialism) so it did not work. There were other reasons as well like dictators and corruption. Communism is the perfect system but alas, human beings are NOT perfect so they are not compatible.
by BurgLyke October 12, 2003
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