our government is limited socialism, of the people, by the people, for the people, we the people. There are many forms of socialism. One example of our shared collective ownership is in the raw materials of our nation, EG, oil. Alaska got it right...they send a check from this revenue to Alaskans every year as they all hold a share by citizenship.
 USSR, communism, was a "republic." and to the REPUBLIC for which it stands. we are a republic, a form of socialism.