Skip to definition.
Get the FREE one-click dictionary software for Windows or the iPhone/iPad and Android apps


Noun: socialism  'sow-shu,li-zum
  1. A political theory advocating state ownership of industry
     
  2. An economic system based on state ownership of capital
    - socialist economy

Derived forms: socialisms

Type of: ideology, managed economy, mythos, political orientation, political theory

Antonym: capitalism

Encyclopedia: Socialism, Sexism & Sexuality

Nearest

social system
social unit
social welfare
social work
social worker
socialisation
socialise
socialised
socialiser
socialising
socialism
socialist
socialist economy
Socialist Labor Party
Socialist Party
Socialist People's Libyan Arab Jamahiriya
Socialist realism
Socialist Republic of Vietnam
socialistic
socialite
sociality