Print Post
Thursday, June 11th, 2009 | Author: markross

noun
1. Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy.
Dictionary.com

Bookmark and Share
|

Category: Nouns
Follow or subscribe to the comments for this entry through The RSS 2.0 feed. Post a comment below, or trackback from your own site.

One Comment

  1. If you stop and begin to ponder, has The United States lived under quasi-Socialism for many years?

    Well, let’s see: To name a few…

    1. Federal (16th Amendment, 1913) income tax
    2. Public Schools (“state ran” and controlled)
    3. Social Security (1935)
    4. Medicare (1965)

    And the list goes on…

Leave a Reply