Socialism A class of ideologies favoring an economic system in which all or most productive resources are the property of the government, in which the production and distribution of goods and services are administered primarily by the government rather than by private enterprise, and in which any remaining private production and distribution (socialists differ on how much of this is tolerable) is heavily regulated by the government rather than by market processes. Both democratic and …
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showed last 75 words of 580 total
…has a somewhat derogatory flavor, especially in Anglo-American societies, because it often carries the implication that "ideological" thought is unduly biased, dogmatic and distorted, an obstacle rather than an aid in perceiving how the world "really" works. ("You, sir, are an ideologue. I, on the other hand, am a pragmatic man of reason who sees things the way they really are.") [See also: anarchism, communism, conservatism, fascism, legitimacy, liberalism, libertarianism, populism, socialism, totalitarianism ------------------------------------------------------------------------ **Bibliography**