Viktor
Diamond Member
Socialism - Wikipedia
en.wikipedia.org
The term is often misused in the United States. Social Security and Medicare are elements of a welfare state but they are not socialism. Socialism requires group ownership of the means of production, usually controlled by a central government.
In true socialism, there is no private industry. The USSR had socialism(not Communism) and so did Communist China until the 1980s. Communist is the name of a political party.