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- DictionarySo·cial·ism/ˈsōSHəˌliz(ə)m/
noun
- 1. a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole: "we want a real democratic and pluralist left party—one which unites all those who believe in socialism"
socialism: [noun] any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods.
e. 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]
Aug 20, 2024 · Socialism, social and economic doctrine that calls for public rather than private ownership or control of property and natural resources. According to socialism, everything that people produce is in some sense a social product, and everyone who contributes to the production of a good is entitled to a share in it.
Socialism definition: 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..
Aug 26, 2021 · Socialism is an economic, social, and political system based on public rather than private ownership of a country’s means of production. Means of production include the machinery, tools, and factories used to produce the goods needed to satisfy human needs. In a socialist system, all decisions regarding production, distribution, and pricing ...
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 ...
SOCIALISM definition: 1. the set of beliefs that states that all people are equal and should share equally in a country's…. Learn more.
SOCIALISM meaning: 1. the set of beliefs that states that all people are equal and should share equally in a country's…. Learn more.
Socialism definition: 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..
The meaning of SOCIALIST is one who advocates or practices socialism. ... a member of a party or political group advocating socialism… See the full definition
