Question

What are the main features of socialism?

Answer 1

Socialism; a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.

Socialism is based on everyone being cooperative but because of capitalism or feudalism, people are competitive. If everyone would do their part, socialism might actually work out well, but because so many people take advantage of the system or are competitive, it kills the whole point of socialism.