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Socialism (5877 words) |
 | Several forms of "socialism" are considered by those on the far left to be reformist or revisionist. |
| Many non-socialists use the expression "socialist economy" (or "socialization" of a sector of the economy) almost exclusively to refer to centralized control under government aegis: for example, consider the use of the term "socialized medicine" in the US by opponents of single-payer health care. |
| Another defect of socialism, according to its detractors, is its disregard for the role of private property in creating incentives that foster the sustainable use of resources. |
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