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libertarian socialism

Libertarian = a person advocating total individual freedom through minimizing the role of the government.

Socialism = the abolition of privately held means of production.

A libertarian socialist sees the state as a coercive authoritarian institution which the elite uses to exploit the people. A libertarian socialist sees capitalism as a way for the ones with money, i.e. power, to enforce oppression on the ones who don't.

Free market is about as fair as the freedom to kill an innocent person.
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pussy socialism 

As in the Marxist slogan: "From each according to his ability, to each according to his need"

But instead of economics, this slogan relates to pussy. Specifically, when a buddy who pulls a lot of poon shares his conquests with his less fortunate buddy -- that's pussy socialism.
"Thank god for pussy socialism, otherwise I'd never get laid!"
pussy socialism by marxist_pussy August 12, 2014

minarcho-socialism 

A socialist mode of production (ie, means of production owned by the workers, standard wage) with a minimal government to ensure the preservation of worker's rights.
Libertarian socialism is a broader term that can break down into smaller ideologies, such as anarcho-socialism and minarcho-socialism.

libertarian socialism

libertarian-A person who advocates liberty, especially in regard to thought or conduct.

socialism-The belief that all property should be held by the state or in common. Since most libertarian socialists are anarchists they believe in property being held in common, meaning anyone can use what ever they want whenever they feel like it.

Basically, while libertarian capitalists believe all force and coercion is wrong unless used to defend one's person or property libertarian socialists believe all force and coercion is wrong unless used to defend one's person, but not one's property since all property was originally founded on theft and relies on state coercion. Without state coercion capitalists would have to create private organizations (basically, miniature states) to enforce property 'rights'. Libertarian capitalists ignore the fact that companies would monopolize land and exclude certain companies, eventually leading to vast tracts of private property that function like modern states do.

see also: anarchism
The Spanish anarchist revolution in the '30s and the Zapatista Revolution today are examples of people trying to achieve libertarian socialism.

dumpster socialism 

The belief that the communal dumpster capacity is to be distributed according to the need of each individual in that community.
Trudi: Our garbage dumpster is full.

Eric: I'll just toss it in the neighbor's.

Trudi: Is that the right thing to do?

Eric: Yes, it's dumpster socialism!
dumpster socialism by antipole September 4, 2009

trash can socialism 

The belief that the communal trash can capacity is to be distributed according to the need of each individual in that community.
Trudi: Our trash can is full.

Eric: I'll just toss it in the neighbor's.

Trudi: Is that the right thing to do?

Eric: Yes, it's trash can socialism!
trash can socialism by anitpole September 4, 2009

socialism 

Actual: An economic system in between capitalism and communism, advocating collective ownership of the means of production and distribution of goods.

Slang: Anything that a right winger doesn't like.
The national highway system is an example of socialism.

That atheist socialist Hussein wants to impose Sharia Law and gay marriage on America!
socialism by JeffGannon March 13, 2012