a good idea but always poorly implimented.

see wordcommunism/word
by yomoma April 19, 2003
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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
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System where all economic groups all live equally in poverty.
No really, it works, give us a few centuries.
by Jeffery Kark July 8, 2003
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Why is everyone on this site bitching about liberals? This is urbandictionary, not super rich Beverly Hills dictionary....
Conservatives, whats funny is that the right wing in europe are actually remnents from the fascists.... here they are just people who want to set up a rascist theocracy. Much like how many hick towns in Georgia are run.
by Nigger McCoon October 14, 2003
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Something that doesn't work on paper either. See Mises _Socialism_ and Hayek's _Road to Serfdom_.
Socialism is proven irrational and destructive on paper and in reality, so it must be a good idea!
by Von Mises Ghost August 12, 2003
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Slang: Anything that a right winger doesn't like.

Actual: An economic system in between capitalism and communism, advocating collective ownership of the means of production and distribution of goods.
The national highway system is an example of socialism.

That atheist socialist Hussein wants to impose Sharia Law and gay marriage on America!
by JeffGannon February 2, 2012
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1) Political science concerning itself with the equitable distribution of labor and income.

2) The wave of the future.
"Democratic Socialism will extend democracy from the political system to the economic system"
by Apocalycious March 4, 2003
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