The Meaning of Socialism

What's the real definition of socialism? How is it distinct from regulation and a social welfare state? Why are intellectuals still enamored of a system that brought us Stalin, Hitler, and more recently Hugo Chavez and Kim Jong-Il? And what can the United States learn from Sweden about free enterprise and capitalism?

Reason.tv's Nick Gillespie sat down with Kevin Williamson, who is deputy managing editor of National Review and author of a new book, The Politically Incorrect Guide to Socialism, to discuss the meaning of socialism in history and the current moment.

About 5.30 minutes.

Camera by Jim Epstein and Anthony Fisher; edited by Epstein.

Scroll down for downloadable versions, and subscribe to Reason.tv's YouTube Channel to receive automatic notifications when new material goes live.