Socialism

From Wikipedia, the free encyclopedia. Socialism is a political, social and economic philosophy encompassing a range of economic and social systems characterized by social ownership[1][2][3] of the means of production[4][5][6][7] and workers’ self-management of enterprises.[8][9] It includes the political theories and movements associated with such systems.[10] Social ownership can be public, collective, cooperative or of equity.[11] While no single definition encapsulates many types of socialism,[12] social ownership…