A socialist government is one that advocated socialism. Socialism may refer to any of a variety of economic as well as political theories which advocate collective or governmental administration in addition to ownership of the means of production; as well as of distribution of goods. Socialism could also refer to a structure of society or group living wherein there is no sense of private property. It could refer to a structure or condition of society wherein the means of production are both controlled and owned by the state.
It is Karl Marx, who has helped to establish and delineate the modern socialist movement. According to him socialism meant the abolition of capital, money, markets, and labour as a commodity.
It is Karl Marx, who has helped to establish and delineate the modern socialist movement. According to him socialism meant the abolition of capital, money, markets, and labour as a commodity.