Socialist argument thread, continued from: >>135932591
>>135949427
What I said about the definition being extremely vague is the case here still, as the definition from each site/dictionary differs.
https://en.oxforddictionaries.com/definition/socialism
Your particular definition is different here, at another reputable dictionary.
>A political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
None of that necessarily means state ownership of anything or lack of markets.
Your particular definition is the Marxist one. The intellectual failures stemming from the cold war is that Socialism means state ownership of economic activity. That is not always the case.