When I say Socialism I mean to say Social democracy
Socialism is a political philosophy that encompasses various theories of economic organization which advocate either public or direct worker ownership and administration of the means of production and allocation of resources.
Socialists generally share the view that capitalism unfairly concentrates power and wealth among a small segment of society that controls capital and derives its wealth through a system of exploitation. This in turn creates an unequal society, that fails to provide equal opportunities for everyone to maximise their potential, and does not utilise technology and resources to their maximum potential nor in the interests of the public.
For the record I feel that capitalism as a base for society is an evil concept.
The philosophy of socialism is not wrong at all but I would agree that a lot of the implementation examples have given the ideals a huge black eye and a really bad PR rap.
Just a thought I had today after a talk with a friend last night about socialism.
So for the record when I say socialism is not bad I am referring to social democracy and not the government in place in Cuba, China, the former USSR, etc
BTW The United States is the only industrial nation that does not currently possess an official major social democratic party.
