Socialism | Definition, History, Types, Examples, & Facts | Britannica ...
WebApr 18, 2024 · 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. Furthermore, everything that people.
Socialism - Wikipedia
WebSocialism 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 & Meaning - Merriam-Webster
WebTake the quiz. 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 …
Socialism - Definition, Origins & Countries - HISTORY
WebOct 10, 2019 · Socialism describes any political or economic theory that says the community, rather than individuals, should own and manage property and natural resources....
What is socialism? | Britannica
WebSocialism is a 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
WebUpdated on August 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. Means of production include any machinery, tools, farms, factories, natural resources, and infrastructure used in producing and distributing the goods ...
Socialism - National Geographic Society
WebSocialism 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. Socialism is based on the idea that common or public ownership of resources and means of production leads to a more equal society. General Socialism.
Socialism (Stanford Encyclopedia of Philosophy)
WebJul 15, 2019 · Socialism. First published Mon Jul 15, 2019. 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.
socialism summary | Britannica
Websocialism, System of social organization in which private property and the distribution of income are subject to social control; also, the political movements aimed at putting that system into practice. Because “social control” may be interpreted in widely diverging ways, socialism ranges from statist to libertarian, from Marxist to liberal.
Socialism Definition & Meaning | Britannica Dictionary
Websocialism / ˈ soʊʃəˌlɪzəm/ noun. Britannica Dictionary definition of SOCIALISM. [noncount] : a way of organizing a society in which major industries are owned and controlled by the government rather than by individual people and companies — …
Skip to content