**socialism**: Actual: An [economic system] in between capitalism and communism, advocating collective ownership of [the means] of production and distribution of goods.

Slang: Anything that a [right winger] doesn't like.
*The national highway system is an example of socialism.

That atheist socialist [Hussein] wants to [impose] [Sharia Law] and gay marriage on America!*
*(<http://socialism.urbanup.com/6417987>)* *9 more results*

@Allan_Cruz depends of the type

there's saint simon socialism

Socialism is a failure

It sux dick

which focuses on secular materialism

and the socialization of wealth

and there's the marxist definition

@Deleted User I mean when people talk about socialism in places like Venesuala, wich are they refering to?

which is basically the prior

however

they are refering to a welfare state

it's used to ascend to communism

Corruption

or at least a state that "rewards" its citizens with oil money

but when that oil money runs out

they have nothing

Fllflflf

GG @Delirious, you just advanced to level 1!

@Allan_Cruz Venezuela's case is just social democracy. What ruined venezuela was the fact that they made their biggest oil company public

and replaced

the board

with people

who had no knowledge

And why does socialism usually turn out to be a failure (again, I've heard this)

over the refinery of oil

I see

NBC News
See how many bills it took to buy a chicken in Venezuela

honestly both definitions are quite harmful to most economied, however social democracy is quite useful

it keeps the benefits

Lol silly link

of capitalism

and the benefits of socialism

NBC News
See how many bills it took to buy a chicken in Venezuela

unfortunately in europe it's mostly left wing social democracy

they just use dollars or something now in many cases

unfortunately

all of them seem to not be nationalistic

u.s. dollars

and thus ruining the demographics