socialism

1. An economic system where the means of production, distribution and exchange is determined by the state/public sector in some form. Can be centralised, decentralised, democratic or undemocratic.

2. Description of a left-wing political position between social democracy (general acceptance of the market economy but thinks the public sector has a vital role in proividing some goods and services) and communism (marxism). Agrees in the state determining the means of production, distribution and exchange but wants to bring that about peacefully and democratically.

3. General description of the left: the belief that individuals should be judged on how they treat other people rather than on their job/race/sexuality, that people should have equality of opportunity, that in principle wealth should be distributed fairly to everyone who works rather than the minority who own most of the economy and most of the wealth and that an economy owned by a few individuals without a strong public sector to balance that is undemocratic and unjust.

4. A stage in history defined by Marx's theories as coming after capitlalism and before communism where the means of production is owned by the state and run in the interests of the proletariat.

5. A label used by various Marxist-Leninist dictatorships with state-run economies in the 20th Century to justify their totalitarianism.
All marxists are socialists but not all socialists are marxists.
by Skitali March 03, 2004
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Socializer

One who starts a conversation, keeps it going, and maintains the spirit of the conversation.
"Why is Jared being so talkative today?"
"Oh, he's just working on being the best socializer he can be."
by FunkyJ's Urban Times January 10, 2012
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Socialize

Used by middle management, means to spread an idea around and get other people's buy-in.
I like that idea. Let's socialize it a bit.
by hartnetb July 06, 2010
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Socialive

To be at a live event like a concert or sporting event and utilize a mobile social media application like Twitter or Facebook to share experiences with Webs users.

They can share tweet observations and content like still photography and video.
My friends and I always socialive during concerts, so our friends who didn't join us get to participate without being there.
by SeanRose March 31, 2011
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Socialism

1. The political philosophy that the means of production should be owned by the working public rather than individuals. This can be interpreted in a vast number of ways. For instance, the public may own property through the government or through various workers' organizations.

Socialism is not social democracy (socialism has nothing to do with taxing people or pouring money into welfare programs). Nor is socialism necessarily communism (many socialists believe in the right to personal property and not in the redistribution of income).

To put it briefly: socialism is the idea that those who work to create a profit should receive it. You can make money by working but not by exploiting others.

2. The extension of democratic ideals into the economy.
Neither Cuba nor Sweden lives up to the ideology of socialism.
by Coffee Eyes July 11, 2008
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Socialism

When some iPhone
i love socialism as much as i love iPhones, sometimes good, sometimes bad
by hobobillybobjoe March 17, 2021
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social

Among college drinkers, if a person at a party announces a "Social!", it is a command that everyone within earshot take a large drink of alcohol in unison, to consume the drinks quickly and get the crowd as drunk as possible. Seasoned partiers will yell "Social!" in return to help announce and time the act.
"I just turned 20 and I have a big test on Monday -- we are gonna get so fucking fucked up tonight. Social!"
(Crowd screams "Social!" and goes quiet as dozens of people chug their beverages.)
by Coell September 07, 2005
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