brennan
Argumentative Brit
Socialism is the acceptance that humans are a social organism that benefit the most from cooperation and looking after each other, rather than through competition (i.e. capitalism). The chief historic expressions of that are redistribution via taxation in all the major economies, which has been a run away success; and state ownership via totalitarian forms of Marxism - which have failed.
wiki said:The term "socialism" was created by Henri de Saint-Simon, one of the founders of what would later be labelled "utopian socialism". The term "socialism" was created to contrast against the liberal doctrine of "individualism", which stressed that people act or should act as if they are in isolation from one another.[25] The original socialists condemned liberal individualism as failing to address social concerns of poverty, social oppression, and gross inequality of wealth.[25] They viewed liberal individualism as degenerating society into supporting selfish egoism that harmed community life through promoting a society based on competition.[25] They presented socialism as an alternative to liberal individualism, that advocated a society based on cooperation.