socialism
nounHow to pronounce socialism:
Definition of socialism:
- socialism (noun):
- a political theory advocating state ownership of industry.
- see also democratic socialism, guild socialism, utopian socialism
- a political and economic theory or system in which the means of production, distribution, and exchange are owned by the community collectively, usually through the state
- 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
Synonyms for socialism:
liberalismideologycommunismmarxismAntonyms for socialism:
capitalismconservatismmercantilismOther 4-syllable words like socialism
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