Other Definitions
socialism (enc)

Socialism

Noun1.socialism - a political theory advocating state ownership of industry
ideology, political orientation, political theory - an orientation that characterizes the thinking of a group or nation
Fabianism - socialism to be established by gradual reforms within the law
guild socialism - a form of socialist theory advocating state ownership of industry but managements by guilds of workers
utopian socialism - socialism achieved by voluntary sacrifice
2.socialism - an economic system based on state ownership of capital
communism - a form of socialism that abolishes private ownership
International - any of several international socialist organizations
national socialism, Naziism, Nazism - a form of socialism featuring racism and expansionism
managed economy - a non-market economy in which government intervention is important in allocating goods and resources and determining prices
capitalism, capitalist economy - an economic system based on private ownership of capital

 

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