Not exact matches
Socialism and
communism are based on the principle that the means of producing goods and providing services — such as all factories and companies — should be owned publicly and
controlled and planned
by a centralized organization rather than being
controlled by members of a small class of wealthy people.
If one amplifies this to total [everything is taken away
by tax, every economical decision is
controlled], then one gets exactly in a situation that is equivalent with
communism.
On the left: Total government as exemplified
by a strong centralized government, (command and
control) exemplified historically
by monarchies and their nobles which in modern times have been replaced with one of Marx's designs (fascism,
communism, or socialism (total democracy)-RRB-.
Main Entry: so · cial · ism Pronunciation: \ ˈsō - shə - ˌli - zəm \ Function: noun Date: 1837 1: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods 2 a: a system of society or group living in which there is no private property b: 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.