Socialism (Marxist Socialism) Socialism is an economic system, a political movement, and a social theory. Most socialists believe those national or local governments, rather than individuals, should own a nation's resources and control their use. Socialism calls for public ownership of land, factories, and other basic means of production. Socialism and Communism The word socialism and communism once meant about the same thing--a society based on public ownership of the means of production. Today, people …showed first 75 words of 2239 total…

…showed last 75 words of 2239 total…rich generals and their wives with fur coats and nice apartments and so on. . . . I learned that communism doesn't work. And I learned why it'll never work, because in order for it to work or succeed, you would have to change human nature. 4” Socialism and Communism state that there is no use for god or religion in their societies; hence, by rejecting God they have already condemned themselves to fail as a reliable economic system.