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- Dictionarysocialist/ˈsəʊʃəlɪst/
noun
- 1. a person who advocates or practises socialism: "she was a lifelong socialist"
adjective
- 1. adhering to or based on the principles of socialism: "the history of socialist movement"
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Socialism is an economic and political philosophy encompassing diverse economic and social systems [1] characterised by social ownership of the means of production, [2] as opposed to private ownership. [3] [4] [5] It describes the economic, political, and social theories and movements associated with the implementation of such systems. [6] .
The meaning of SOCIALISM is any of various egalitarian economic and political theories or movements advocating collective or governmental ownership and administration of the means of production and distribution of goods. How to use socialism in a sentence. Communism, Socialism, Capitalism, and Democracy Socialism vs. Social Democracy: Usage Guide
an economic, political, and social system that is based on the belief that all people are equal and should share equally in a country's money: It is a culture that is closer to socialism than capitalism.
Aug 26, 2021 · Socialism is an economic, social, and political theory advocating collective or governmental control and administration of a country’s means of economic production.
Oct 10, 2019 · Socialism describes any political or economic theory that says the community, rather than individuals, should own and manage property and natural resources. The term “socialism” has been...
Jun 26, 2024 · socialism, social and economic doctrine that calls for public rather than private ownership or control of property and natural resources. According to the socialist view, individuals do not live or work in isolation but live in cooperation with one another.
noun. a theory or system of social organization that advocates the ownership and control of the means of production and distribution, capital, land, etc., by the community as a whole, usually through a centralized government. procedure or practice in accordance with this theory. (in Marxist theory) the stage following capitalism in the ...
Socialism is, broadly speaking, a political and economic system in which property and the means of production are owned in common, typically controlled by the state or government. Socialism is based on the idea that common or public ownership of resources and means of production leads to a more equal society. General Socialism.
socialism. noun. /ˈsəʊʃəlɪzəm/ [uncountable] a set of political and economic theories based on the belief that everyone has an equal right to a share of a country’s wealth and that the government should own and control the main industries. They are trying to build socialism in their own country.
Dec 18, 2023 · Socialism is an economic and political system based on public or collective ownership of the means of production and that emphasizes economic equality.
