A socialist is someone who believes in a political and economic system where the government or the community as a whole owns and controls the means of production, distribution, and exchange. In simpler terms, it's an ideology that advocates for more equality and collective ownership rather than individual ownership.
Related terms
Labor Union: An organization formed by workers to protect their rights and improve working conditions through collective bargaining.
Capitalism: An economic system where private individuals or businesses own and control resources, industries, and trade.
Marxism: A theory developed by Karl Marx that focuses on class struggle in society and advocates for a communist revolution to achieve a classless society.