a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole..
policy or practice based on the political and economic theory of socialism.
synonyms: leftism, welfarism; More
(in Marxist theory) a transitional social state between the overthrow of capitalism and the realization of communism.
Socialism has failed everytime it has been tried. Why would Radical Ted think it will be different this time? This morning on an ABC talk show Crazy Bernie said “The policies President Trump is doing will lead us to become Venezuela”. That is calling the kettle black. Venezuela is another failed Socialism Government. Crazy Bernie has said he wants to turn America into a Socialism style Government, as the people with the financial means have left years ago. Millions are migrating to other South American Countries because the basic human needs to survive in Venezuela are no longer available. They are eating the pets to survive. Why would we want something like that for America? Socialism eats itself from the inside because of the corruption on cronyism. Look at Crazy Bernie, he has three expensive houses, pays less as a percentage than most Americans in taxes, then tells the media and his followers that the rich don’t pay their share of taxes and have more houses then they need. What a Hypocrite!!!