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Definition of Socialism in English :

Define Socialism in English

Socialism meaning in English

Meaning of Socialism in English

Pronunciation of Socialism in English

Socialism pronunciation in English

Pronounce Socialism in English

Socialism

see synonyms of socialism

Noun

1. socialism

a political theory advocating state ownership of industry

2. socialism, socialist economy

an economic system based on state ownership of capital

WordNet Lexical Database for English. Princeton University. 2010.

Socialism

see synonyms of socialism
noun
1. 
an economic theory or system in which the means of production, distribution, and exchange are owned by the community collectively, usually through the state. It is characterized by production for use rather than profit, by equality of individual wealth, by the absence of competitive economic activity, and, usually, by government determination of investment, prices, and production levels
Compare capitalism
2. 
any of various social or political theories or movements in which the common welfare is to be achieved through the establishment of a socialist economic system
3. 
(in Leninist theory) a transitional stage after the proletarian revolution in the development of a society from capitalism to communism: characterized by the distribution of income according to work rather than need

Collins English Dictionary. Copyright © HarperCollins Publishers

Socialism

see synonyms of socialism
noun
1. 
any of various theories or systems of the ownership and operation of the means of production and distribution by society or the community rather than by private individuals, with all members of society or the community sharing in the work and the products
2.  [often S-]
a. 
a political movement for establishing such a system
b. 
the doctrines, methods, etc. of the Socialist parties
3. 
the stage of society, in Marxist doctrine, coming between the capitalist stage and the communist stage, in which private ownership of the means of production and distribution has been eliminated
see also communism (sense 2)

Webster’s New World College Dictionary, 4th Edition. Copyright © 2010 by Houghton Mifflin Harcourt. All rights reserved.

Socialism

see synonyms of socialism
n.
1. Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy.
2. The stage in Marxist-Leninist theory intermediate between capitalism and communism, in which the means of production are collectively owned but a completely classless society has not yet been achieved.

The American Heritage ® Dictionary of the English Language, Fifth Edition copyright ©2018 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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