Concise Dictionary of Religion | ||
SOCIALISM:
a modern political system based on the idea of equality which advocates State intervention in the economy and SOCIETY to ensure SOCIAL JUSTICE. Socialism is opposed to CAPITALISM and ideas such as the free market economy which it sees as giving preference to the rich over the poor. MARXISM calls itself "Scientific Socialism" and is distinguished from other socialist theories in that socialism is seen as a step towards the ideal communist society and not as an end in itself.
Concise Dictionary of Religion | ||