System of government where the means of production are socially owned

Socialism is a range of economic and social systems characterised by social ownership of the means of production and workers' self-management, as well as the political theories and movements associated with them. Social ownership can be public, collective or cooperative ownership, or citizen ownership of equity. There are many varieties of socialism and there is no single definition encapsulating all of them, with social ownership being the common element shared by its various forms.

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As Spain's Socialists seek a partner to form a national government two months after a parliamentary election, the splintering of Spanish politics is being felt..
Credit: Reuters - Published 2 days ago

A conservative was sworn in on Saturday as Madrid's new mayor, regaining control of the Spanish capital for the People's Party after forging a coalition..
Credit: Reuters - Published 4 days ago

Barcelona's acting far-leftist mayor Ada Colau may win a second term in office on Saturday with the support of the Socialists and representatives backed by..
Credit: Reuters - Published 5 days ago

As Sen. Bernie Sanders doubles down on "democratic socialism," he speaks to the broader themes of the 2020 presidential race.
Credit: - Published 1 week ago

Spain's Socialists agreed on Tuesday to cooperate on forming a government with far-left party Podemos, stopping short of announcing a coalition as they explore a..
Credit: Reuters - Published 1 week ago

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