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 & 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.
What Is Socialism? Definition and Examples - ThoughtCo
Aug 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.
Socialism ‑ Definition, Origins & Countries - HISTORY
Oct 10, 2019 · Socialism describes any political or economic theory that says the community, rather than individuals, should own and manage property and natural resources.
Socialism | Definition, History, Types, Examples, & Facts
Dec 20, 2024 · Socialism 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. Furthermore, everything that people produce is in some sense a social product, and everyone who contributes to the …
Socialism: History, Theory, Analysis, and Examples of ... - Investopedia
Dec 18, 2023 · Socialism is a populist economic and political system based on collective, common, or public ownership of the means of production. Those means of production include the machinery,...
Socialism - Stanford Encyclopedia of Philosophy
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.
What is socialism? | Britannica
Socialism 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.
Socialism - Simple English Wikipedia, the free encyclopedia
Socialism is an economic system in which major industries are owned by workers rather than by private businesses. It is different from capitalism , where private actors, like business owners and shareholders , can own the means of production.
Socialism - Internet Encyclopedia of Philosophy
Socialism is both an economic system and an ideology (in the non-pejorative sense of that term). A socialist economy features social rather than private ownership of the means of production.