While the Merriam-Webster dictionary may define Socialism as "any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods" - the practical reality is much different. Stefan Molyneux responds to criticism to his recent arguments against socialism.
The Hard Truth About Socialism
https://www.youtube.com/watch?v=9RNZ2LjpEl4
More Hard Truth About Socialism
https://www.youtube.com/watch?v=MYY11Ro4h54
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