Saturday, March 13, 2010

Another word for today

From Merriam-Webster’s Collegiate Dictionary


Main Entry: so●cial●ism


Function: noun


1 : any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods

2 a : a system of society or group living in which there is no private property b : a system or condition of society in which the means of production are owned and controlled by the state

3 : a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done

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