What does socialism mean? This question has intrigued and divided societies for centuries. Socialism is an economic and political ideology that advocates for the collective ownership and control of the means of production, distribution, and exchange. It aims to create a more equitable and just society by reducing wealth and power disparities. However, the interpretation and application of socialism vary widely across different countries and eras. In this article, we will explore the origins, principles, and impacts of socialism, and how it has shaped the world we live in today.
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