Socialism

Socialism,

Definition of Socialism:

  1. An economic system in which goods and services are provided through a central system of cooperative and/or government ownership rather than through competition and a free market system.

  2. In a purely socialist system, all legal production and distribution decisions are made by the government, and individuals rely on the state for everything from food to healthcare. The government determines the output and pricing levels of these goods and services.

  3. Socialism is a populist economic and political system based on public ownership (also known as collective or common ownership) of the means of production. Those means include the machinery, tools, and factories used to produce goods that aim to directly satisfy human needs. Communism and socialism are umbrella terms referring to two left-wing schools of economic thought; both oppose capitalism, but socialism predates the "Communist Manifesto," an 1848 pamphlet by Karl Marx and Friedrich Engels, by a few decades.

Synonyms of Socialism

Fabian socialism, Fabianism, Marxian socialism, Marxism, ■■■■■■, Saint-Simonism, Centralism, Collective farm, Collective ownership, Collectivism, Collectivity, Collegiality, Common ownership, Communal effort, Communion, Communism, Community, Constitutionalism, Cooperation, Cooperative society, Democracy, Democratism, Fascism, Federalism, Feudalism, Feudality, Governmentalism, Guild socialism, Imperialism, Kibbutz, Kolkhoz, Monarchism, National socialism, Nationalization, Neofascism, Parliamentarianism, Parliamentarism, Phalansterism, Pluralism, Political principles, Profit sharing, Public ownership, Republicanism, Royalism, Sharecropping, State ownership, State socialism, Statism, Town meeting, Utopian socialism

How to use Socialism in a sentence?

  1. Advocates of socialism generally fall into two camps, those who advocate government ownership or nationalization, and those who advocate a decentralized, communal society.
  2. When they formed the commune, the guiding principle of government was socialism tempered with enough capitalism to make a substantial profit and pay the bills.
  3. Many conservative people accused US President Barack Obama of supporting socialism when he signed the Affordable Healthcare Act into law, because of how it forces everyone to buy health insurance.

Meaning of Socialism & Socialism Definition

Socialism,

What is Socialism?

Socialism is a popular political and economic system based on the means of production of public popularity (also called collective or collective ownership). These resources include machinery, equipment and plants used in the manufacture of goods designed to meet human needs directly. Communism and socialism are general terms that refer to the two left-wing schools of economic thought that oppose capitalism, but socialism predicts the Communist Manifesto of 1848 pamphlets of Karl Marx and Friedrich Engels decades ago.

The belief that a country's wealth should be evenly distributed among its population and its industries should be owned and controlled by the government to varying degrees.

Meanings of Socialism

  1. A political and economic theory of social organization that defends that the means of production, distribution and exchange should be fully owned or regulated by society.

Sentences of Socialism

  1. With the advent of Karl Marx, socialism became a science.

Synonyms of Socialism

leftism, collectivism , state ownerhsip , welfarism, Marxism , collective ownership , Leninism , syndicalism, Bolshevism , communism , consumer socialism, Maoism , Fabianism

Socialism,

What is The Definition of Socialism?

You can define Socialism as, Socialism is a popular political and economic system based on the public management of the means of sale (also called collective or collective management). These resources include machinery, equipment and plants that are used to manufacture equipment directly designed to meet human needs. Communism and socialism are general terms that refer to the two idiots of the left's economic struggle against capitalism, but socialism is decades before the Communist Manifesto, the pamphlet of Karl Marx and Friedrich in 1848.

Definition of Socialism: The belief that a country's wealth can be evenly distributed in its ions and its industry should be more or less under the guidance and control of the government.

Meanings of Socialism

  1. The political and economic ideology of a social organization that believes that the means of production, distribution and exchange should be owned or regulated by society.

Synonyms of Socialism

social democracy, radicalism, Marxism–Leninism, neo-Marxism, labourism, progressivism, militancy, Trotskyism

Socialism,

What is The Definition of Socialism?

Socialism can be defined as, Will Canton specializes in investment and business legislation and regulation. Prior to that, he held senior positions as a writer at Investopedia and Kapitall Wire, and earned a master's degree in economics from New York University's New School for Social Research and a Ph.D. in philosophy in English literature.

  • Socialism is an economic and political system based on the public management of the means of sale.
  • All legal sales and distribution decisions are made by the government in the socialist system. The government determines all levels of production and production.
  • Citizens of socialist societies depend on the government for everything from food to medical care.
  • Proponents of socialism believe that this leads to a fair distribution of goods and services and a just society.
  • Examples of socialist countries are the Union, Cuba and Venezuela.
  • Socialist ideologies include the need to use rather than profit, the fair distribution of wealth and material resources, and now not everyone can buy and sell in the markets and have free access to goods and services.
  • Capitalism opposes socialism, with its belief in private exploitation and the goal of maximizing profits.
  • Although socialism and capitalism seem contradictory, most capitalist economies today have a socialist aspect.

The belief that a country's wealth can be evenly distributed in its ions and its industry should be more or less under the direction and control of the government.

Meanings of Socialism

  1. The political and economic ideology of social organization, which states that the means of production, distribution and exchange should be owned or controlled by society as a whole.