Comment Re:Just In! (Score 1) 1248
lol, obviously the entire sentence is wrong!
but you already knew that, didn't you?
1. political system of communal ownership: a political theory or system in which the means of production and distribution are controlled by the people and operated according to equity and fairness rather than market principles
2. movement based on socialism: a political movement based on principles of socialism, typically advocating an end to private property and to the exploitation of workers
3. stage between capitalism and communism: in Marxist theory, the stage after the proletarian revolution when a society is changing from capitalism to communism, marked by pay distributed according to work done rather than need
taken from "http://encarta.msn.com/dictionary_1861709575/socialism.html"
just about every north & west european countries (& canada!) are social democracies or have socialist elements (http://en.wikipedia.org/wiki/Social_democracy)