Socialism Meaning
/ˈsoʊʃəlɪzəm/Definition, CEFR level B2, pronunciation, examples, and quiz.
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Definition
nounAny of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods.
nounAny of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods., A system of social and economic equality in which there is no private property.
Sentence Examples
Socialism is the same as Communism, only better English.
I do not believe in socialism.
Synonyms & Antonyms
Synonyms:
None
Antonyms:
CEFR Practice Quiz
In a system based on ____, the government owns major industries for public benefit.
CEFR Practice Quiz (Alternate)
The political theory known as ____ advocates for the collective ownership of the means of production.
Word Origin & History
Attested since 1832; either from French socialisme or from social + -ism.
Literary Quotations & Historical Citations
"Soil improvement often involves the movement of large quantities of earth, but the Chinese peasants face this task with a high degree of enthusiasm for socialism."
— 1976 August, “Land Improvement in China”, in China Reconstructs, volume XXV, number 8, China Welfare Institute, →ISSN, →OCLC, page 29, column 2:
"…Americans as a rule have no faith in the fundamental doctrine of socialism — no private property. To be sure, that fundamental doctrine is not expressly maintained in this program of the British Labor Party ; but all its proposals lead straight to the adoption by the nation of that doctrine…"
— 1918, National Economic League Quarterly, page 19:
"Socialism is usually defined as "common ownership of the means of production". Crudely: the State, representing the whole nation, owns everything, and everyone is a State employee. This does not mean that people are stripped of private possessions such as clothes and furniture, but it does mean that all productive goods, such as land, mines, ships and machinery, are the property of the State... One must also add the following: approximate equality of incomes (it need be no more than approximate), political democracy, and abolition of all hereditary privilege, especially in education. These are simply the necessary safeguards against the reappearance of a class-system."
— 1941, George Orwell, The Lion and the Unicorn, Pt. II:
"As Gorbachev understood perestroika, the Soviet Union would retain the principal components of state socialism (state control over the means of production and centralized planning), meaning that state control over the economy and the labor force were to be maintained."
— 2005, Louise Shelley, Policing Soviet Society: The Evolution of State Control, Routledge, →ISBN, page 57:
"For me, socialism is not statism, or the collective ownership of the means of production. It is a judgment on the priorities of economic policy…the community takes precedence over the individual in legitimate economic policy. The first lien on the resources of a society therefore should be to establish that "social minimum" which would allow individuals to lead a life of self-respect, to be members of the community."
— 1978, Daniel Bell, The Cultural Contradictions of Capitalism, Basic Books, page xii:
Explore More B2 Vocabulary Words
CEFR Practice Quiz
In a system based on ____, the government owns major industries for public benefit.
CEFR Practice Quiz (Alternate)
The political theory known as ____ advocates for the collective ownership of the means of production.