Communism is a social and economic organizing system in which property is communally owned and every person receives wealth according to their needs and ability. Socialism is an economic theory in ...

Democratic socialism is in the news as of late, so just what is it? The classic definition of socialism is “ownership of the means of production by the state.” The Webster definition of democratic ...

Director of the Sheila and Robert Challey Institute for Global Innovation and Growth; professor of management at North Dakota State University Trust in capitalism has especially diminished among young ...