It's finals week, and I have a test tonight and paper due Friday. Until then, posts will be few and far between, but please do take a few moments to reflect on what Christmas means to you. There'll be a quiz later. Ha ha!
Speaking of quizzes...
I need to give the results of the pop quiz! Well, more like the answer key.
Socialism: Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy.
Communism: A theoretical economic system characterized by the collective ownership of property and by the organization of labor for the common advantage of all members. A system of government in which the state plans and controls the economy and a single, often authoritarian party holds power, claiming to make progress toward a higher social order in which all goods are equally shared by the people.
Liberalism: A political theory founded on the natural goodness of humans and the autonomy of the individual and favoring civil and political liberties, government by law with the consent of the governed, and protection from arbitrary authority. An economic theory in favor of laissez-faire, the free market, and the gold standard.
Conservatism: The inclination, especially in politics, to maintain the existing or traditional order. A political philosophy or attitude emphasizing respect for traditional institutions, distrust of government activism, and opposition to sudden change in the established order.
My point will follow post-paper deadline. I promise. :)