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A political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole,
  1. A political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole

  2. Policy or practice based on this theory

  3. (in Marxist theory) A transitional social state between the overthrow of capitalism and the realization of communism

  1. a political theory advocating state ownership of industry
  2. an economic system based on state ownership of capital
  3. (socialistic) advocating or following the socialist principles; "socialistic government"
  4. Socialism is an economic and political theory advocating public or common ownership and cooperative management of the means of production and allocation of resources.Newman, Michael. (2005) Socialism: A Very Short Introduction, Oxford University Press, ISBN 0-19-280431-6
  5. Socialism: An Economic and Sociological Analysis is a book by Austrian School economist and libertarian thinker Ludwig von Mises, first published in German by Gustav Fischer Verlag in Jena in 1922 under the title Die Gemeinwirtschaft: Untersuchungen über den Sozialismus. ...
  6. In Marxist theory, socialism, or the socialist mode of production, refers to a specific historical phase of economic development and its corresponding set of social relations that eventually supersede capitalism. ...
  7. (The Socialist (UK)) The Socialist is the weekly paper of the Socialist Party of England and Wales. It is edited and written by the members and supporters of the political party publishing it.
  8. Any of various economic and political philosophies that support social equality, collective decision-making, distribution of income based on contribution and public ownership of productive capital and natural resources, as advocated by socialists; The socialist political philosophies as a group, ...
  9. (Socialist) 1) A person easily peeved. 2) In economics, a school of thought founded by Cain. 3) A man who, so far as he himself is concerned, considers a thing done when he suggests it.
  10. (Socialist) An individual who believes we should have a giant government that controls everything in society since it's obviously the most efficient way of doing things (as evidenced by the efficiency of the DMV, Social Security Administration, etc.).
  11. (Socialist) To see a socialist in your dreams, your unenvied position among friends and acquaintances is predicted. Your affairs will be neglected for other imaginary duties.
  12. Socialists were the enemies of the communists.
  13. Philosophy and form of government based on the notion that the governmental authority ought to be used to promote fair and equal socioeconomic outcomes in terms of education, wealth and other important ways. ...
  14. A political doctrine that upholds the principle of collectivity, rather than individualism, as the foundation for economic and social life. ...
  15. The view that the government should own and control major industries
  16. n.  Man exploiting man. Capitalism: The reverse.
  17. An economic system in which the basic means of production are primarily owned and controlled collectively, usually by government under some system of central planning.
  18. An "economic, social and political doctrine which expresses the struggle for the equal distribution of wealth by eliminating private property and the exploitative ruling class. ...
  19. Political movement with origins in Western Europe during the 19th century; urged an attack on private property in the name of equality; wanted state control of means of production, end to capitalist exploitation of the working man. (p. 713)
  20. This term originates with the Latin word socius, which had the basic meaning of "sharing", but was also used to refer to a comrade, a sharer or an ally.
  21. The core idea of socialism, in its democratic form, is that the working classes; that is, the majority, should form an extensive system of government which aims at securing all citizens the right to the equal satisfaction of vital needs. ...
  22. is a term with conflicting definitions. Although originally defined by Karl Marx, it has been used by many different groups to mean different things. ...
  23. Social organization in which the government directly controls the means of production (as opposed to fascism, see above, in which the government sets up rules but does not physically take over each business).
  24. Socialists are motivated by the desire to improve quality of life for all members of society. They believe in a political system characterised by strong state direction in political and economic policy. ...
  25. "After the degeneration of the Russian Revolution after the mid-1920s, there has been a split in the revolutionary workers' movement and this has been reflected in a separate development of the theory and practice of communism. ...