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1. Dictionary

   So·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"
   • ▪ policy or practice based on the political and economic theory of socialism: "the debate over whether to move away from free markets and toward socialism"
   • ▪ (in Marxist theory) a transitional social state between the overthrow of capitalism and the realization of Communism: "socialism is the first stage of the worldwide transition to communism"

   Word Origin early 19th century: from French socialisme, from social (see social).

   Scrabble Points: 13

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2. www.dictionary.com › browse › socialismSOCIALISM Definition & Meaning | Dictionary.com

   www.dictionary.com › browse › socialism

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   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.

3. plato.stanford.edu › entries › socialismSocialism - Stanford Encyclopedia of Philosophy

   plato.stanford.edu › entries › socialism

   Jul 15, 2019 · In contrast to capitalism, socialism can be defined as a type of society in which, at a minimum, (i) is turned into (i*): (i*)The bulk of the means of production is under social, democratic control. Changes with regard to features (ii), (iii), and (v) are hotly debated amongst socialists.

4. www.thoughtco.com › a-definition-of-socialism-3303637What Is Socialism? Definition and Examples - ThoughtCo

   www.thoughtco.com › a-definition-of-socialism-3303637

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   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.

5. www.history.com › industrial-revolution › socialismSocialism - Definition, Origins & Countries - HISTORY

   www.history.com › industrial-revolution › socialism

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   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...

6. www.britannica.com › question › What-is-socialismWhat is socialism? | Britannica

   www.britannica.com › question › What-is-socialism

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   Socialism is a social and economic doctrine that calls for public rather than private ownership or control of property and natural resources. According to the socialist view, individuals do not live or work in isolation but live in cooperation with one another.

7. www.nationalgeographic.org › encyclopedia › socialismSocialism - National Geographic Society

   www.nationalgeographic.org › encyclopedia › socialism

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   Socialism is, broadly speaking, a political and economic system in which property and the means of production are owned in common, typically controlled by the state or government. Socialism is based on the idea that common or public ownership of resources and means of production leads to a more equal society.

8. dictionary.cambridge.org › english › socialismSOCIALISM | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › english › socialism

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   SOCIALISM definition: 1. the set of beliefs that states that all people are equal and should share equally in a country's…. Learn more.