What is the true definition of socialism?

Like Quora User points out there's no single, authoritative definition of the word “socialism”. There is however universal agreement that the term Common Ownership means when everyone owns the means of wealth production and distribution then, to put it another way, nobody owns them. read more

The dictionary definition of Socialism is public ownership of the means of production. The definitions of “public”, “ownership”, and “means of production” would vary depend on which Socialist you ask. read more

Definition of socialism b : a system or condition of society in which the means of production are owned and controlled by the state. : a social system or theory in which the government owns and controls the means of production (as factories) and distribution of goods. read more

The ideology of true socialism was a unique synthesis of the idealist aspects of Feuerbach’s philosophy (such as love for “man” in the abstract, the disregard of social relations, and other features) and an emasculated French Utopian socialism. read more

As with any definition, you need to start somewhere, you need to have a baseline. The best place to start, is with Marx. read more