socialism
Any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods.
Other meanings
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.
Antonyms
- free enterprise
Related words
- antisocialism
- brocialism
- demsoc
- ecosocialism
- neosocialism
- postsocialism
- semisocialism
- unsocialism
- anti-socialism
- global socialism
- pseudo-socialism
- right-wing socialism
Word history
From French "socialisme".
Where this comes from
This definition is adapted from “socialism” on Wiktionary, by its contributors, published under CC BY-SA 4.0. This page is published under the same licence.