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474 bytes removed ,  20:27, September 13, 2009
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Reverted edits by MICasey (Talk) to last version by Jpatt
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[[Image:Backrdv12n2.jpg|right|400px|thumb|The [[caption]] reads, "Long live the great undefeatable flag of Marx, Engels, Lenin, Stalin!"]]
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[[Image:Backrdv12n2.jpg|right|400px|thumb|The [[caption]] reads, "Long live the great undefeatable flag of Marx, Engels, Lenin, Stalin!" This is Leninism]]
 
'''Socialism''' is an economic system of government which advocates state ownership of the means of production with equal distribution of goods among the people. The central goal is to establish a "worker's paradise"-an ideal state with perfect equality.
 
'''Socialism''' is an economic system of government which advocates state ownership of the means of production with equal distribution of goods among the people. The central goal is to establish a "worker's paradise"-an ideal state with perfect equality.
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The socialist policies of president-for-life Hugo Chavez have destroyed the economy of that oil-rich nation. In 2009, he seized the Venezuelan operations of U.S. based Cargill in order to tighten his grip on the shrinking food supply in his country. <ref>http://www.telegraph.co.uk/news/worldnews/southamerica/venezuela/4938993/Venezuelas-Hugo-Chavez-tightens-state-control-of-food-amid-rocketing-inflation-and-food-shortages.html</ref>
 
The socialist policies of president-for-life Hugo Chavez have destroyed the economy of that oil-rich nation. In 2009, he seized the Venezuelan operations of U.S. based Cargill in order to tighten his grip on the shrinking food supply in his country. <ref>http://www.telegraph.co.uk/news/worldnews/southamerica/venezuela/4938993/Venezuelas-Hugo-Chavez-tightens-state-control-of-food-amid-rocketing-inflation-and-food-shortages.html</ref>
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==United States Socialist trends==
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Since the beginning of the [[Barack Hussein Obama]] administration, many conservatives and non-partisans have taken note of the socialistic policies of the United States. These include the "bailing out" of many national industries (referred to by many political watchdogs as "soft nationalization"). In addition, the [[cult of personality]] tactics employed by 20th century socialist regimes have found new footing in the glamorizing of Obama's policies.
      
==Different Strands of Socialism==
 
==Different Strands of Socialism==
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