What does the word socialism mean?
Here is a dictionary definition with which I agree. Socialism is the name given to any one of various schemes for regenerating society chiefly by a more equal distribution of property possessed and regulated by state authority. 1524. Is socialism a religion, a form of government, or a state of society? For some socialists it is all three. For others, it is a form of government leading to a state of society, either abstracting from religion altogether, or definitely hostile to it. 1525. Will you apply these same questions to capitalism? Capitalism is the economic system in which industry, production, distribution, md exchange are controlled by individuals who possess property, and who devote some or all of it to enterprises of commercial value, subject to certain restrictive state legislation. It is not a religion; nor a political form of government, since it can function whether under a monarchy or under a republic. We can call it, however, in economic form of government, and it result
