posted on Sep, 2 2004 @ 01:26 PM
Jazzman, I posted the definition for Socialism. It does seem to have some similarities with the Democratic planks. Democrats believe in empowering
the goverment, Republicans believe in empowering the individual.
general term for the political and economic theory that advocates a system of collective or government ownership and management of the means of
production and distribution of goods. Because of the collective nature of socialism, it is to be contrasted to the doctrine of the sanctity of private
property that characterizes capitalism. Where capitalism stresses competition and profit, socialism calls for cooperation and social
In a broader sense, the term socialism is often used loosely to describe economic theories ranging from those that hold that only certain public
utilities and natural resources should be owned by the state to those holding that the state should assume responsibility for all economic
planning and direction. In the past 150 years there have been innumerable differing socialist programs. For this reason socialism as a doctrine
is ill defined, although its main purpose, the establishment of cooperation in place of competition remains fixed.