Socialism is an economic and political system in which the means of production – such as factories, land, and resources – are owned or controlled collectively by society, usually through the ...

After World War II, political parties championing redistribution, full employment, and egalitarianism gained power across the globe, especially in Western Europe. But why did these social democrats ...

Few words stir up more emotion in American politics than socialism. How many times have you heard someone yell out, "you're a socialist!" For some, it evokes images of equality and shared prosperity.