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→Types of Socialism
As an economic theory, socialism is an [[authoritarian]] system which advocates strict central planning and regulatory control of [[income]]s, services and distribution of goods. Because of its core [[anti-democratic]] and authoritarian precepts, socialism is considered [[treason]]ous to [[America]]'s central ideal of [[liberty]].
As an economic theory, socialism is an [[authoritarian]] system which advocates strict central planning and regulatory control of [[income]]s, services and distribution of goods. Because of its core [[anti-democratic]] and authoritarian precepts, socialism is considered [[treason]]ous to [[America]]'s central ideal of [[liberty]].
==Types of Socialism==
==Historic types==
There are three main kinds of Socialism, all of them are built on the premise of government control of the means of production.
There are three main kinds of Socialism, all of them are built on the premise of government control of the means of production.
===National Socialism===
===National Socialism===
==National Socialist workers state==
==National Socialist workers state==
[[Image:Ur8756.jpg|right|thumb|[[Ludwig von Mises]] ]]
[[Image:Ur8756.jpg|right|thumb|[[Ludwig von Mises]] ]]