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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.britannica.com › money › socialismSocialism | Definition, History, Types, Examples, & Facts ...

   www.britannica.com › money › socialism

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   Apr 18, 2024 · 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.

3. 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.

4. 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....

   Other articles from history.com

   • How Did 'Socialism' Become a Dirty Word in America?
   • Russian Bolshevik Party becomes the Communist Party

   • How Are Socialism and Communism Different?
   • Fidel Castro declares himself a Marxist-Leninist

5. 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 · Updated on August 26, 2021. Socialism is an economic, social, and political theory advocating collective or governmental control and administration of a country’s means of economic production. Means of production include any machinery, tools, farms, factories, natural resources, and infrastructure used in producing and distributing the goods ...

   • Author: Robert Longley

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

   plato.stanford.edu › entries › socialism

   Jul 15, 2019 · Socialism. First published Mon 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.

8. www.investopedia.com › terms › sSocialism: History, Theory, and Analysis - Investopedia

   www.investopedia.com › terms › s

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   Dec 18, 2023 · What Is Socialism? Socialism is a populist economic and political system based on collective, common, or public ownership of the means of production. Those means...