re: What is your definition of socialism? And why or why not is it an effective system?

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Those countries just take more of your income and decide how much and how you should get back.



The last time I checked, that was called taxation. No?

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You can have just taxation or you can have taxation with the intent to redistribute wealth.

In order to have socialism there must be government control or infringement on private property rights. Economist Hoppe writes about this a lot. Redistribution of wealth is an infringement of private property rights. So if you have taxation with the intent to redistribute wealth you can have socialism.