I have heard this term used in many different context, what is the true definition? Is it a bad thing?What is the true definition of socialisam?
US of A for the richWhat is the true definition of socialisam?
Theory or system of social organization that advocates the ownership and control of means of production and distribution to the community or the people. No it's not necessarily bad. Hitler was no socialist. He used socialism to gain power, but turned himself into a dictator.
when the people control the means of production= socialism
the next step is communism which expands the scope beyond just the economy.
when the corporations control the govt= facism..which is exactly what we have now...the corporations have privatized profits and socialized losses..its a perfect system for them..no risk
When the government owns all businnesses and the people are given money. There is no motivation to work. Hitler was socialist, as is Barack Husien Obama.
obama and the democratic party
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