Socialism in English dictionary

  • socialism

    Meanings and definitions of "Socialism"

    • Any of various economic and political philosophies that support social equality, collective decision-making, distribution of income based on contribution and public ownership of productive capital and natural resources, as advocated by socialists.
    • The socialist political philosophies as a group, including Marxism, libertarian socialism, democratic socialism, and social democracy.
    • (Leninism) The intermediate phase of social development between capitalism and full communism. This is a strategy whereby the state has control of all key resource-producing industries and manages most aspects of the economy, in contrast to laissez faire capitalism.
    • noun
      (Marxism)
      The intermediate phase of social development between capitalism and full communism in Marxist theory in which the state has control of the means of production.
    • noun
      Any of several later political philosophies such as libertarian socialism, democratic socialism, and social democracy which do not envisage the need for full state ownership of the means of production nor transition to full communism, and which are typically based on principles of community decision making, social equality and the avoidance of economic and social exclusion, with economic policy giving first preference to community goals over individual ones.
    • political philosophy of social and economic equality
    • group of socialist political philosophies
    • intermediate phase of social development
    • Refers to a broad array of doctrines or political movements that envisage a socio-economic system in which property and the distribution of wealth are subject to social control.
    • noun
      an economic system based on state ownership of capital
    • noun
      a political theory advocating state ownership of industry

    Synonyms of "Socialism" in English dictionary

    political theory, political orientation, socialist economy are the top synonyms of "Socialism" in the English thesaurus.

    Antonyms of "Socialism" in English dictionary

    capitalism is the antonym of "Socialism" in the English thesaurus.

    Grammar and declension of Socialism

    • socialism ( usually uncountable;  plural  socialisms)
    • socialism (usually uncountable, plural socialisms)
  • Socialism

Sample sentences with "Socialism"

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