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Socialism = The form of capitalism that strives towards a more economically egalitarian arrangement, usually by focusing on state control of industries and trade, high taxation. In its most typical form, socialism is a mere policy line and in our days it should be seen as an inverse form of austerity economics (where focus is not placed on egalitarianism, but instead on protecting capital and investment at the expense of the low and middle class prosperity). Austerity is now the neo-con equivalent to the left-winger's socialism. Both systems are part and parcel of neoliberal capitalism and form the redemptive and pragmatic faces of the same thing. Scandinavian countries are closest to a healthy form of democracy with socialist aims. Marxism should not be conflated with either socialism nor Leninism.