Tyler Larson

What is Socialism?

A theory or system of social organization based on the holding of most property in common, with actual ownership ascribed to the workers.

Pros of Socialism

Many social programs are based on socialism. For example; food stamps, public housing, public health-care, public education.

Allows stable economy

And a decrease in poverty

Cons of Socialism

Increased taxes

Lack of democracy

Totalitarianism (too strong of government)

Socialist Countries