Dictionary definition ( Chambers ):-
" the theory, principle, or scheme of social organisation which places means of production and distribution in the hands of the community "....as opposed to capitalism, which is defined as:-
" the condition of possessing capital; the economic system which generates and gives power to capitalists "
Me Socialist.
" the theory, principle, or scheme of social organisation which places means of production and distribution in the hands of the community "....as opposed to capitalism, which is defined as:-
" the condition of possessing capital; the economic system which generates and gives power to capitalists "
Me Socialist.
