 things to evolve. In our previous session, we had discussed the concept of individualism. In this part, we will discuss the concept of socialism, its meaning, research, marriage and demerits. The term socialism is derived from the Greek word socius, which means society. This theory may be said to be the reaction against individualism. It regards the state as an agency for promoting supreme good of the people. It believes that the state should perform maximum functions. It regards the state to be a good institution which works for welfare of all. We are talking about the concept of homo-svada. We are talking about the concept of homo-svada or the concept of marriage or the concept of marriage. The concept of homo-svada is the Greek word socia. It is the root of homo-ssociety. The concept of homo-svada is based on the concept of individualism, or the concept of propaganda or propaganda. The concept of homo-svada is based on the concept of good of the people which works for welfare of all. The concept of homo-svada is based on the concept of good of the people. Socialism recognizes the supremacy of the society. It wants that the state should be the owner of land and capital in the society. It substitutes private ownership by state ownership. The concept of homo-svada is the secret of homo-svada. The concept of homo-svada is based on the concept of property ownership. It is based on the concept of property ownership. Socialism stands for cooperation instead of competition in the economic field. It wants to end inequalities and to establish equality and justice in the society. The features of socialism. Homo-svada is based on the concept of supremacy of the society. As the very word is changed that the exponent of the socialism always try to establish the supremacy of the society. Today the society should be the supreme authority of all the activities or properties in the state. Social interest is of greater importance than individual interest. The concept of homo-svada is based on the concept of property ownership. In the state should be supreme. It says that capital should be socialized in the interest of all, it is against private capital and private ownership. Socialism stands for equality and justice for all, it is against economic inequality and exploitation in the society, it wants to establish a new economic order where all will have economic security, it wants to take measures for the welfare of all, it must work as a guardian of the interests of the people in the society. Socialism is against competition in the economic field, as we have discussed earlier, socialism never wants any competition in the field of economy, instead of it, it always stands for cooperation among the people, it believes that competition in the economic field increases the gap between the rich and the poor in the society, so competition must be, should be ableist. Now we should go to the merits of individualism, socialism stands for the welfare of all and not for the welfare of a few. Socialism is realistic and it deserves to make the best use of the state for collective good. Socialism is against private property and private ownership in the society, thus it wants to end the unhealthy competition in the economic field. Then we may say that socialism wants state control over the means of production and distribution, so that all can have access to resources and capital of the society. Socialism is close to democracy, it stands for democratic ideals of liberty, equality and justice for all. Thus it wants to bring about positive changes in the society by peaceful means. Now we should proceed to the merits of socialism, in this regard we may say that socialism makes the state powerful by allowing it to perform maximum functions which may lead to the rise of an authoritarian state which is harmful for common interests of the society. Socialism may make the state overburden with work which may lead to inefficiency on the part of the state. Socialism kills individual initiated by taking the responsibility for the round development of the society. This may make the individuals ideal and dependent. Socialism is also said to be against individual liberty with the increase of state activity the freedom of the individual becomes limited. Socialism is also criticized because it abolishes private property, it is against the natural desire of individual to acquire property which will discourage individuals to work for better results in the economic field. This is all regarding the concept of socialism. I think you have understood the points and this regard. Thank you.