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Socialism Defined – Look! It is *not* the anti-christ.
August 29, 2009 in Education, Politics | Tags: Capitalist Hysteria, Economics, Socialism | by The Arbourist | 5 comments
It is nice to establish base definitions everyone once and awhile. With all the rambling going on in the blogosphere it seems that certain basic terminology needs a good going over. Socialism happens to be one of those terms as suddenly in the US healthcare debate it has been repeatedly mischaracterized as misanthropically evil. Socialism, like Capitalism, has its flaws but it is certainly not intrinsically evil. A system based on exploitation of another however might qualify….
I grabbed this definition from a ytube video that attempts to define what Socialism is. The video is a little bombastic, but gets the point across. Socialism is a political economic philosophy that is based on a democratically cooperative society in which the means of production and distribution are owned by the people.
Or see what dictionary.com has to say about Socialism:
so⋅cial⋅ism
| 1. | a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole. |
| 2. | procedure or practice in accordance with this theory. |
| 3. | (in Marxist theory) the stage following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles. |




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