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.
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.
by Coffee Eyes June 19, 2008
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by hobobillybobjoe March 17, 2021
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An economic policy that takes from the people and gives to corporations.
This is the ideological opposite of a Democratic Socialist, that keeps a free-market economy but with strong efficient social safety nets.
A Corporate Socialist ultimately wants to make sure that the vast majority >99% of created wealth continues to go to large corporations.
This is the ideological opposite of a Democratic Socialist, that keeps a free-market economy but with strong efficient social safety nets.
A Corporate Socialist ultimately wants to make sure that the vast majority >99% of created wealth continues to go to large corporations.
Corporate Socialism is executive bonuses and stock buybacks for large corporations.
Democratic Socialism is investing in your people for a better, stronger, and cheaper future.
US President 45 is a corporate socialist.
Democratic Socialism is investing in your people for a better, stronger, and cheaper future.
US President 45 is a corporate socialist.
by Togi2351 March 8, 2020
Get the corporate socialism mug.A socio-economic system where every worker-citizen is "equal." A decent theory on paper, but difficult to implement in the "real world."
During the cold war there was a massive amount of propoganda against socialism spread by conservatives who didn't want to lose their control over business and government.
by deleted_scenes July 30, 2003
Get the socialism mug.It's the uncanny pattern of denial by liberals of the existence and promulgation of Critical Race Theory in universities and schools, despite overwhelming evidence existing supporting such a notion.
Chrostopher Rufo, recently declared victory over critical race denialism in a tweet, because of the Washington Post, a liberal newspaper, reporting on the presence of Critical Race Theory in Virginia classrooms .
by Seldom Forever November 10, 2021
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is a form of government or state apparatus, which is an idealogical social Association as opposed to the more traditional political and economic (ideological) institutions. Within the frame work of ploitical socialism although the economic element is present, it, however, holds only but an incidental and therefore minor value within the state composition. In ploitical socialism, the economy is viewed as simply a means the essential sustainability of society, and not as it is the case with the economic state or economic society, a means for materialistic attainability or procurement.
is a form of government or state apparatus, which is an idealogical social Association as opposed to the more traditional political and economic (ideological) institutions. Within the frame work of ploitical socialism although the economic element is present, it, however, holds only but an incidental and therefore minor value within the state composition. In ploitical socialism, the economy is viewed as simply a means the essential sustainability of society, and not as it is the case with the economic state or economic society, a means for materialistic attainability or procurement.
by Baron Neville July 30, 2017
Get the ploitical socialism mug.When you buy a chair you move it in the house. However if you want it as your private property you have to move it in your room. If you want it in the living room you have to let everybody sit in it and you have no say.
by Critikale May 18, 2018
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