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Socialism is a range of economic and social systems characterised by social ownership and democratic control of the means of production, as well as the ...


Define socialism: any of various economic and political theories advocating collective or governmental ownership and… — socialism in a sentence.


2 days ago ... When President Donald Trump criticized socialism during his speech Tuesday at the United Nations, he seemed to expect roaring approval ...


Central to the meaning of socialism is common ownership. This means the resources of the world being owned in common by the entire global population.


An economic and political system based on public or collective ownership of the means of production. Socialism emphasizes equality rather than achievement.


Aug 14, 2017 ... Socialism is an economic system where everyone equally owns production. Allocation is according to contribution. Here are pros, cons and ...


These days, the word socialism gets tossed around so much, it's almost lost all meaning. Originally, though, it was the bedrock of Marxism and meant that ...


Ludwig von Mises's Socialism is the most important critical examination of socialism ever written.


Yet the idea and the ideal of socialism linger on. Whether socialism in some form will eventually return as a major organizing force in human affairs is unknown, ...