British Literature II
Socialism is an economic and political system where the means of production and distribution are owned or regulated by the community as a whole, aiming for equal distribution of wealth and resources. This concept often critiques the inequalities present in capitalism, advocating for social ownership and democratic control to benefit all members of society. The principles of socialism challenge traditional norms and prompt discussions around wealth distribution, class struggle, and the role of government in providing for its citizens.
congrats on reading the definition of socialism. now let's actually learn it.