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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. en.wikipedia.org › wiki › SocialismSocialism - Wikipedia

   en.wikipedia.org › wiki › Socialism

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   Socialism is an economic and political philosophy encompassing diverse economic and social systems characterised by social ownership of the means of production, as opposed to private ownership. It describes the economic, political, and social theories and movements associated with the implementation of such systems.

3. dictionary.cambridge.org › dictionary › englishSOCIALISM | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › dictionary › english

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   an economic, political, and social system that is based on the belief that all people are equal and should share equally in a country's money: It is a culture that is closer to socialism than capitalism.

4. 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.

5. plato.stanford.edu › entries › socialismSocialism (Stanford Encyclopedia of Philosophy)

   plato.stanford.edu › entries › socialism

   Jul 15, 2019 · Socialism is a rich tradition of political thought and practice, the history of which contains a vast number of views and theories, often differing in many of their conceptual, empirical, and normative commitments.

6. 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.

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

   www.nationalgeographic.org › encyclopedia › socialism

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   Socialism is a political and economic system wherein property and resources are owned in common or by the state.

8. www.britannica.com › topic › democratic-socialismDemocratic socialism | Definition, Explanation, & Examples

   www.britannica.com › topic › democratic-socialism

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   5 days ago · democratic socialism, political ideology that supports the establishment of a democratically run and decentralized form of socialist economy.