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SOCIALISM

Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy.

DEMOCRACY

Government by the people, exercised either directly or through elected representatives.

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Q: How are socialism and democracy alike?
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What threatens democracy today?

Socialism


What is the relationship between democracy and socialism?

You can have a socialist democracy. A democracy makes decisions based on instructions from voters and socialism intends to take the production of industry and hand it out to people with equality in mind.


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Is the president of Ireland a monarchy a socialism or a democracy?

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What political system emphasized democracy and the sharing of prosperity that came from industrialization?

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