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63 bytes removed ,  00:23, July 30, 2008
What was being described was communism, which is entirely different.
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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!"]]
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'''Socialism''' uses government power to redistribute wealth.  
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'''Socialism''' is an economic system in which the government controls the means of production. Unfortunately, many nations have implemented socialism poorly, many with immense corruption, leading to massive economic breakdown. However, although some see it as placing a drag on the economy, in democratic countries of the industrialized west, some socialist ideas have been put into practice with varying degrees of success.
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In totalitarian countries such as [[USSR]], [[China]], [[Cuba]], [[North Korea]], etc., it has caused widespread shortages of basic goods and services. These Communist countries used an "[[Iron Curtain]]" to keep their citizens from emigrating.
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Although this acts as a drag on the economy, in democratic countries of the industrialized west, some socialist ideas have been put into practice with varying degrees of success.  
      
==Controversy==
 
==Controversy==