Definitions from the Dictionary on Socialism & Socialist. Updated!

Since someone challenged me to look these up, Socialism & Socialist, I decided to do that, and post them here along with some related terms.

I find this one interesting, it sounds just like what the socialists have been trying for years.
Social Democracy, N. A political doctrine based on a Marxist politico-economic ideology that advocates a gradual transition from a capitalistic to a socialistic society by democratic means and processes.