Web Results
so·cial·ism
[soh-shuh-liz-uhm]
NOUN
1.
a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.
2.
procedure or practice in accordance with this theory.
3.
(in Marxist theory) the stage following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles.
Source: Dictionary.com
socialism | Define socialism at Dictionary.com
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en.wikipedia.org/wiki/Socialism

Socialism is a range of economic and social systems characterised by social ownership and democratic control of the means of production; as well as the ...

www.merriam-webster.com/dictionary/socialism

Define socialism: a way of organizing a society in which major industries are owned and controlled by the government rather … — socialism in a sentence.

www.worldsocialism.org/english/what-socialism

Central to the meaning of socialism is common ownership. This means the resources of the world being owned in common by the entire global population.

www.dictionary.com/browse/socialism

Socialism definition, a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution,  ...

www.investopedia.com/terms/s/socialism.asp

An economic and political system based on public or collective ownership of the means of production. Socialism emphasizes equality rather than achievement, ...

www.econlib.org/library/Enc/Socialism.html

Yet the idea and the ideal of socialism linger on. Whether socialism in some form will eventually return as a major organizing force in human affairs is unknown, ...

www.dsausa.org/what_is_democratic_socialism

Democratic socialists believe that both the economy and society should be run democratically—to meet public needs, not to make profits for a few.

www.vocabulary.com/dictionary/socialism

These days, the word socialism gets tossed around so much, it's almost lost all meaning. Originally, though, it was the bedrock of Marxism and meant that ...