saveliberty
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so·cial·ism
NOUN
Welfare is a government program which provides financial aid to individuals or groups who cannot support themselves. Welfare programs are funded by taxpayers and allow people to cope with financial stress during rough periods of their lives.
- a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
Read more: Welfare Definition | Investopedia http://www.investopedia.com/terms/w/welfare.asp#ixzz46Nd4a181
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Basic income systems that are financed by the profits of publicly owned enterprises (often called social dividend or citizen's dividend) are major components in many proposed models of market socialism.[3] Basic income schemes have also been promoted within the context of capitalist systems, where they would be financed through various forms of taxation.[4]
Basic income - Wikipedia, the free encyclopedia
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