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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"