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Socialism unpacked: Economic theory, central issue in national politics, sparks emotional responses; often misunderstood, proponents say

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Socialism unpacked: Economic theory, central issue in national politics, sparks emotional responses; often misunderstood, proponents say

The word “socialism” has become like an inkblot test.

In a strict dictionary sense, it is an ideology in which the means of production and distribution should be owned or regulated by the community as a whole. But rarely is that description the one used by United States citizens when discussing socialism.

Rather, perceptions vary widely to include universal health care, a safety net for the nation’s most vulnerable citizens and causes historically championed by the labor movement all the way to the tattered economy in Venezuela where inflation reached 10 million percent, government regulations intruding on personal freedom and the […]

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