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[[Image:Backrdv12n2.jpg|right|400px|thumb|The caption reads, ''Long live the great undefeatable flag of Marx, Engels, Lenin, Stalin!'']]
[[Image:Backrdv12n2.jpg|right|400px|thumb|The caption reads, "Long live the great undefeatable flag of Marx, Engels, Lenin, Stalin!"]]
'''Socialism''' is an economic system where the means of production are seized and monopolized by the government without compensation to the builders of the [[capital]], and where investments, production, distribution, income, prices, and economic justice are administered by a government [[nomenklatura]] that regulate the transfer of money, goods (including capital goods), and services primarily through taxation and regularized and institutionalized aggressive coercion.
'''Socialism''' is an economic system where the means of production are seized and monopolized by the government without compensation to the builders of the [[capital]], and where investments, production, distribution, income, prices, and economic justice are administered by a government [[nomenklatura]] that regulate the transfer of money, goods (including capital goods), and services primarily through taxation and regularized and institutionalized aggressive coercion.