definition of socialistic
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Socialism is a range of economic and social systems characterised by social ownership and workers' self-management of the means of production as well as the political theories and movements associated with them
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Socialism is a political, social and economic philosophy encompassing a range of economic and social systems characterised by social ownership of the means of production and democratic control or workers' self-management of enterprises. It includes the political theories and movements associated with such systems.
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