Is serbia capitalism or socialist?

The word “socialism” comes from the Latin word socius, meaning “companion.” It was first used in England at the beginning of the 19th century, and a little later in France. It was applied to the social theories of Englishman Robert Owen (1771-1858) and Frenchmen Saint-Simon (1760-1825) and Charles Fourier (1772-1837)
For one thing, socialism has not proved itself more powerful than nationalism.
Since then, the socialist movement has continued to be fragmented and to mean different things to different people. The name socialist is used by various governments throughout the world, some of which differ very little from progressive conservative governments, whereas others are authoritarian and even totalitarian. The word “socialist” has therefore lost much of its meaning for many sincere people who thought it would lead to a worldwide brotherhood in a classless society of material prosperity and happiness.
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