The meaning of SOCIALISM is any of various egalitarian economic and political theories or movements advocating collective or governmental ownership and administration of the means of production and …

socialism, 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 …

By 1888, Marxists employed socialism in place of communism as the latter had come to be considered an old-fashioned synonym for socialism. It was not until after the Bolshevik Revolution that socialism …

Aug 1, 2025 · Socialism is an economic system emphasizing collective or public ownership of the means of production, aiming for economic equality and reducing wealth disparities.

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

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 …

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.

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.

SOCIALISM definition: 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, …

Aug 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.