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Socialism
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Meaning
Noun
●
Any of various economic and political
theories
advocating
collective
or
governmental
ownership
and
administration
of the
means of production
and
distribution
of goods.
A system of social and economic
equality
in which there is no
private
property.
A system or
condition
of
society
in which the
means of production
are
owned
and
controlled
by the state.
●
The
intermediate
phase
of social development between
capitalism
and
communism
in Marxist
theory
in which the state has control of the means of production.
●
In Socialism:
Any of a group of
later
political
philosophies
such
democratic socialism
and
social democracy
which do not
envisage
the need for
full
state ownership
of the
means of production
nor
transition
to
full
communism
, and which are
typically
based on
principles
of
community
decision making
, social
equality
and the
avoidance
of economic and social
exclusion
, with economic
policy
giving
first
preference
to
community
goals
over individual ones.
⚠️
Any
left-wing
ideology
, government
regulations
, or
policies
promoting
a
welfare state
,
nationalisation
, etc.
Sourced from
Wiktionary
Antonyms
Capitalism
Free Enterprise
Related
Communism
Capitalism
Marxism
Liberalism
Fascism
Collectivism
Neoliberalism
Totalitarianism
Ideology
Anarchism
Statism
Nationalism
Corporatism
Libertarianism
Communist
Society
Democracy
Progressivism
Politics
Imperialism
Federalism
Conservatism
Feminism
Marxist
Idealism
Colonialism
Marx
Populism
Secularism
Revolution
Globalism
Humanism
Individualism
Christianity
Dictatorship
Slavery
Capitalist
Authoritarianism
Leftism
Feudalism
Equality
Religion
Propaganda
Economics
Austerity
Globalization
Stalinism
Multiculturalism
Social Democracy
Social Justice
Individualist Anarchism
Political System
Proletarian Internationalism
Welfare State
Soviet Union
Liberal Democracy
Anarchist Communism
More
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