3 ms·
You're thinking of Communism. Socialism doesn't imply government ownership and control of the economy.
by IX-103 4y ago
You're thinking of Communism. Socialism doesn't imply government ownership and control of the economy.
- bitwize 4y agoNeither does communism. Communism implies ownership and control of the economy by the people at large, but the presence of a state is, supposedly, a transitional phase.