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Yes, it is. The public sector handles public sector means of production. Government is social-ism. Everything must be accounted for in economics. The public sector is socialism.
Another invented term. You simply will not have credibility unless you stop inventing and smearing terms. Find Social - ism in the Merriam Webster for me please.
Societies are not forms of government. Social structures are social structures. Governments are governments. You are just engaging in more smearing of terms in an effort to make an argument.
Society:
1 : companionship or association with one's fellows : friendly or intimate intercourse : COMPANY
2 : a voluntary association of individuals for common ends
especially : an organized group working together or periodically meeting because of common interests, beliefs, or profession
3a : an enduring and cooperating social group whose members have developed organized patterns of relationships through interaction with one another
b : a community, nation, or broad grouping of people having common traditions, institutions, and collective activities and interests
4a : a part of a community that is a unit distinguishable by particular aims or standards of living or conduct : a social circle or a group of social circles having a clearly marked identity
Government:
1 : the body of persons that constitutes the governing authority of a political unit or organization: such as the officials comprising the governing body of a political unit and constituting the organization as an active agency
As one can easily see, there are specific governing authorities and responsibilities that exist in government organizations that do not exist in Society at large or in a Social structure.
Social structures can best be defined by commonly held opinion. Governments can best be defined by responsibility for action.
Socialism:
any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods
a system of society or group living in which there is no private property
a system or condition of society in which the means of production are owned and controlled by the state
Socialism is a political doctrine, not a government form. You can build a government form from that political doctrine and your government will likely be called a form of government based on Socialist doctrine. Marx considered Socialism as a political doctrine that was a transitional phase to Communism another political doctrine. Marx was of course WRONG. He was wrong about a number of things. Communism is something of a utopian construct that has rarely ever been realized before corruption and autocracy simply overwhelmed it.
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