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27.06.18 10:22
About socialism
 
Van Doren коренной житель
Van Doren

Merriam-Webster definition of socialism


1 any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods


2a a system of society or group living in which there is no private property
2b a system or condition of society in which the means of production are owned and controlled by the state


3 a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done


In summary: totalitarian state without a private sector.

 

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