Saturday, December 10, 2011

More jazz/econ/politics

From Google dictionary, definition of socialism:

o·cial·ism Noun /ˈsōSHəˌlizəm/
  1. 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
  2. Policy or practice based on this theory
  3. (in Marxist theory) A transitional social state between the overthrow of capitalism and the realization of communism

Web definitions

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