Socialism: a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
(Oxford Dictionaries)
Fascism: a political philosophy, movement, or regime (such as that of the Fascisti) that exalts nation and often race above the individual and that stands for a centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition.
(Merriam Webster Dictionary)
Socialism is a flawed ideology because to operate sucessfully it requires the agreement of every member of the community - and for the 'haves' to be willing to share with the 'have nots, but if I was forced to choose, I know which system I'd prefer. '
