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Reply to "How do you define Socialism?"
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[quote=Anonymous][quote]OED definition: a political and economic theory of social organization which advocates that [b]the means of production, distribution, and exchange should be[/b] owned [b]or regulated by the community[/b] as a whole. [/quote] "The means of production, distribution and exchanged should be regulated by the community" -- how is this different from merely having laws that govern economic activity? [/quote]
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