Oh look another thread where a bunch of people who wear a name tag to work will discuss a term that they don't understand.
Fascinating.
Oh look another post by a socialist beggar claiming the definition of socialism is complicated.
socialism
noun
so·cial·ism | \ ˈsō-shə-ˌli-zəm \
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
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