News Focus
News Focus
Followers 91
Posts 13604
Boards Moderated 1
Alias Born 07/09/2003

Re: F6 post# 146450

Wednesday, 07/06/2011 5:56:13 PM

Wednesday, July 06, 2011 5:56:13 PM

Post# of 579301
the often misunderstood words

'Communism' a theory or system of social organization based on the holding of all property in common, actual ownership being ascribed to the community as a whole or to the state......
in which all economic and social activity is controlled by a totalitarian state dominated by a single and self-perpetuating political party.

And

'Socialism' a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.... procedure or practice in accordance with this (in Marxist theory) the stage following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles.

are where you are oriented - No?

http://dictionary.reference.com/browse/Socialism


Buy the dip or be the dip

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today