editec
Mr. Forgot-it-All
- Jun 5, 2008
- 41,421
- 5,672
America Was Better Off Before The Socialism of FDR, JFK, LBJ...
Would that people understood the meaning of words they use...
SOCIALISM
A political doctrine that upholds the principle of collectivity, rather than individualism, as the foundation for economic and social life. Socialists favour state and co-operative ownership of economic resources, equality of economic condition and democratic rule and management of economic and social institutions. See: SOCIAL DEMOCRACY / .