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.
procedure or practice in accordance with this theory.
(in Marxist theory) the stage following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles.
socialism | Define socialism at Dictionary.com
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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 ...
Define socialism: a way of organizing a society in which major industries are
owned and controlled by the government rather … — socialism in a sentence.
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, ...
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 ...
Democratic socialists believe that both the economy and society should be run
democratically—to meet public needs, not to make profits for a few.
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,
Socialism as a political system is defined by democratic and social control of the
.... submitted 2 hours ago by ConsiderablyMediocreDemocratic Socialism.
Ludwig von Mises's Socialism is the most important critical examination of
socialism ever written.