so·cial·ism (sō’shə-lĭz’əm)
n. 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.
See 2008 Alaska Permanent Fund Dividend and Alaska Resource Rebate.
Filed under: Politics | Tagged: Alaska, Oil, Politics, Sarah Palin, Socialism, Word of the Day

