Socialism

Socialism is an economic and political system where workers or more frequently, the government, own the general means of production (i. e. farms, factories, tools, and raw materials). This can be achieved through decentralized and direct worker-ownership or centralized state-ownership of the means of production. This is different from capitalism, where the means of production are privately owned by capital holders.

📰 Article(s) of the same category(ies)

• Multi-tendency
• Omniocracy
• Socialist system
• Realist Left
• Criticism of debt
• Emma Uhl
• Commune (model of government)

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