I'm guessing you meant to copy and paste a list of answers, but the socialist philosophy basically states that property and distribution of wealth is controlled by the people (meaning state, community, or union). Contrast this to capitalism, where all means of production are privately owned.
An expression of socialist philosophy would be something like this:
<h2>It is the role of the community to make sure that all people benefit from their hard work.
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Explanation:
Socialism puts forth the goal that members of a society all contribute to each other's needs and provide help to one another. The earliest socialist efforts were somewhat small-sized communities or groups that lived and worked together cooperatively, such as the factory town reformed by Robert Owen at New Lanark, Scotland. In the modern world, socialism generally means national measures through taxes and government programs so that those with more resources in terms of private property provide aid to those less well off.
