But look at the countries I named, they are 'socialist' it is what it is. The dictionary definition has long since gone. It has become a scare word in the US
the disctionary counts. I don't like redifining things every once in a while.
If you don't like this word, look for another one.
I think it has become common to distort the meaning of words and we shouldn't contribute to it.
If we don't stick to the definitions used by scientists, economists in this case, we can't discuss properly and we would just be muddying the water. If we don't use proper wording, everybody could bring in a new meaning once they feel like it in this case...
So please: stick to the wording used by experts in this fields. The ones who have a scientific degree.
Don't just reflect the dreams and wishes of self-declared "experts".
You can use all sorts of precise terminology for what you mean.