Noun
A theory or system of social reform which contemplates a complete reconstruction of society, with a more just and equitable distribution of property and labor. In popular usage, the term is often employed to indicate any lawless, revolutionary social scheme. See Communism, Fourierism, Saint-Simonianism, forms of socialism.
Source: Webster's dictionaryThe inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries. Winston Churchill
The function of socialism is to raise suffering to a higher level. Norman Mailer
Socialism is nothing but the capitalism of the lower classes. Oswald Spengler
They talk about the failure of socialism but where is the success of capitalism in Africa, Asia and Latin America? Fidel Castro
Under capitalism man exploits man; under socialism the reverse is true. Polish Proverb
Antisemitism is the Socialism of fools. German Proverb