socialism

a political theory advocating worker ownership of the means of production.

Socialism is opposed to capitalism.

by The Libertarian Socialist March 19, 2010

socialism

Socialism is the same as Communism.

Communism is Socialism, Socialism is Communism.

Some people seem to believe they are different, but they are actually the same. I just don't care about either enough to differentiate between them.

Communism, social studies, socialites, communities, and communion are all very similar.

by Sum Yonguy December 28, 2005

socialism

A system in which human right is Sacrificed for he "good" of the collective.

in reality it doesnt even help the collective.

socilist: "you produce wealth...we will kill you and Distribute your money amongst the masses...Where'd the wealth go?"

socialism and communism are for the most part the same thing.

by Young calgar November 28, 2006

socialism

Direct ownership of all good by the elite few.

I remember when there was prosperity with Capitalism but now I get taxed at %90 and have to ask the Goverment if it's ok to wipe my ass.

by Anonymous October 24, 2002

socialism

a good idea but always poorly implimented.

see wordcommunism/word

by yomoma April 19, 2003

socialism

Probably one of the best, in theroy, political systems ever thought up. A mix beetween capitalism and communism (the good parts.) There is a limit (high and low) on how much you can earn, if used now with so many corperations about, the owner would make a normal wage while the rest of the profits goes to making quality products, charity, or giving higher wages to the working class.

Socialism = detruction of poverty, greed. Also leads to mass happyness.

by Anonymous June 7, 2003

socialism

System where all economic groups all live equally in poverty.

No really, it works, give us a few centuries.

by Jeffery Kark July 7, 2003