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SOCIALISM Definition Meaning - Merriam-Webster 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 distribution of goods How to use socialism in a sentence
Socialism - Wikipedia Socialism is an economic and political philosophy encompassing diverse economic and social systems [1] characterised by social ownership of the means of production, [2] as opposed to private ownership [3][4][5] It describes the economic, political, and social theories and movements associated with the implementation of such systems [6]
Socialism | Definition, History, Types, Examples, Facts . . . 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 isolation but live in cooperation with one another
What Is Socialism? Definition and Examples - ThoughtCo Socialism is an economic, social, and political theory advocating collective or governmental control and administration of a country’s means of economic production
Socialism - Definition, Origins Countries - HISTORY Socialism describes any political or economic theory that says the community, rather than individuals, should own and manage property and natural resources
Socialism Explained: Definition, Benefits, and Criticisms A fundamental principle of socialism is the collective ownership and administration of the means of production, distribution, and exchange Unlike capitalism, where private entities control resources and production, socialism emphasizes community and public ownership
Socialism (Stanford Encyclopedia of Philosophy Summer 2025 . . . 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 Going back a century, Angelo Rappoport in his 1924 Dictionary of Socialism canvassed no fewer than forty definitions of socialism, telling his readers in the book’s preface that
What does socialism mean? - Definitions. net Socialism is a political philosophy and movement encompassing a range of economic and social systems, which are characterised by social ownership of the means of production, with an emphasis on democratic control, such as workers' self-management, as opposed to private ownership