Word of the Day for 22 October 2008: Socialism

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.

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