Socialism Wiki - What is the socialism?

Socialism is a range of economic and social systems characterised by social ownership and workers' self-management of the means of production as well as the political theories and movements associated with them. Social ownership can be public, collective or cooperative ownership, or to citizen ownership of equity. There are many varieties of socialism and there is no single definition encapsulating all of them, where social ownership is the common element shared by its various forms.Non-market socialism involves the substitution of factor markets and money with engineering and technical criteria based on calculation performed in-kind, thereby producing an economic mechanism that functions according to different economic laws from those of capitalism. Non-market socialism aims to circumvent the inefficiencies and crises traditionally associated with capital accumulation and the profit system. By contrast, market socialism retains the use of monetary prices, factor markets and in some cases the profit motive, with respect to the operation of socially owned enterprises and the allocation of capital goods between them. Profits generated by these firms would be controlled directly by the workforce of each firm, or accrue to society at large in the form of a social dividend. The socialist calculation debate discusses the feasibility and methods of resource allocation for a socialist system. Socialist politics has been both internationalist and nationalist in orientation; organised through political parties and opposed to party politics; at times overlapping with trade unions, and at other times independent and critical of unions; and present in both industrialised and developing countries. Originating within the socialist movement, social democracy has embraced a mixed economy with a market that includes substantial state intervention in the form of income redistribution, regulation, and a welfare state. Economic democracy proposes a sort of market socialism where there is more decentralized control of companies, currencies, investments, and natural resources. The socialist political movement includes a set of political philosophies that originated in the revolutionary movements of the mid-to-late 18th century and out of concern for the social problems that were associated with capitalism. By the late 19th century, after the work of Karl Marx and his collaborator Friedrich Engels, socialism had come to signify opposition to capitalism and advocacy for a post-capitalist system based on some form of social ownership of the means of production. By the 1920s, social democracy and communism had become the two dominant political tendencies within the international socialist movement. By this time, socialism emerged as "the most influential secular movement of the twentieth century, worldwide. It is a political ideology (or world view), a wide and divided political movement" and while the emergence of the Soviet Union as the world's first nominally socialist state led to socialism's widespread association with the Soviet economic model, some economists and intellectuals argued that in practice the model functioned as a form of state capitalism or a non-planned administrative or command economy. Socialist parties and ideas remain a political force with varying degrees of power and influence on all continents, heading national governments in many countries around the world. Today, some socialists have also adopted the causes of other social movements, such as environmentalism, feminism and progressivism..

What does the word socialism mean? Find synonyms, antonyms and the meaning of the word socialism in our free online dictionary! Find words starting with socialism and anagrams of socialism.

Definitions of "socialism"

  • Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy. noun
  • The stage in Marxist-Leninist theory intermediate between capitalism and communism, in which collective ownership of the economy under the dictatorship of the proletariat has not yet been successfully achieved. noun
  • Any of various economic and political philosophies that support social equality, collective decision-making, distribution of income based on contribution and public ownership of productive capital and natural resources, as advocated by socialists. noun
  • The socialist political philosophies as a group, including Marxism, libertarian socialism, democratic socialism, and social democracy. noun
  • The intermediate phase of social development between capitalism and full communism. This is a strategy whereby the state has control of all key resource-producing industries and manages most aspects of the economy, in contrast to laissez faire capitalism. noun
  • A theory or system of social reform which contemplates a complete reconstruction of society, with a more just and equitable distribution of property and labor. In popular usage, the term is often employed to indicate any lawless, revolutionary social scheme. See communism, Fourierism, saint-simonianism, forms of socialism. noun
  • Any theory or system of social organization which would abolish, entirely or in great part, the individual effort and competition on which modern society rests, and substitute for it coöperative action, would introduce a more perfect and equal distribution of the products of labor, and would make land and capital, as the instruments and means of production, the joint possession of the members of the community. noun
  • that Christianity should be directly applied to the ordinary business of life, and that in view of this the present system of competition should give place to coöperative associations both productive and distributive, where all might work together as brothers; noun
  • that any outer change of the laborer's life, as aimed at in most socialistic schemes, would not suffice to settle the labor question, but that there must be an inner change brought about by education and elevation of character, especially through Christianity; and noun
  • that the aid of the state should not be invoked further than to remove all hostile legislation. A similar scheme appeared somewhat earlier in France. The doctrines of Christian socialism, or similar doctrines under the same name, have been frequently advocated in the United States. noun
  • Specifically, in Germany, legislation, supported by Prince Bismarck, intended to improve the condition of the working-man. Among the measures included were the insurance of workmen against accident, sickness, and old age, and the establishment of cooperative associations under state protection. noun
  • an economic system based on state ownership of capital noun
  • a political theory advocating state ownership of industry noun

The word "socialism" in example sentences

They use the term "socialism" as a pejorative to describe this government activity as an erosion of traditional capitalism and warn investors about the perils of investing in an increasingly socialist economy.. [Dan Solin: Politics and Investing: A Deadly Mix]

In the US the term socialism is only used to describe some programs.. [Socialism for the Tea Parties]

First, people in the room responded to the use of the term socialism, as it is used a part of a witch hunt.. [Report on Meeting with Sen. Inhofe’s Assistant–Details and Discussion]

You need to drop the label socialism unless you want to put that label on everyone who has been in power.. [[you bastards] manouevering us to serfdom]

Jonah Goldberg makes several good points about the term socialism and its application to the economic and political situations we now face.. [Errors of Enchantment » Don’t Call it Socialism!]

Leaving aside the probable fact that Pat has little understanding of the history of the term socialism or socialist movements, this is merely an easy judgment called the “wisdom” of God.. [Shameless Self-promotion Sunday #33]

Now it appears the word socialism is a code word for black.. [On Thursday, the Legg report will be published along with...]

When you say the term socialism, I ` m not sure people realize, really, what ` s going on here.. [CNN Transcript Oct 16, 2008]

They persistently avoided using the term socialism and substituted for it an alternative aspiration which came to the fore with New Labour.. [Dare We Speak Its Name ?]

This ignorance makes it far too easy for the term "socialism" to be wielded as a political bludgeon.. [The Full Feed from]

In addition, the term socialism is often uttered in the same sentence as health care reform.. [ Record Article Feed]

The term socialism is becoming ubiquitous, echoed in "Tea Party" rallies around the country and in ominous online rants.. [ - Local News]

Report Abuse tea-baggers have no concept what the term socialism means or that socialist reform in this country under FDR is actually what got us out of the last republican-caused depression and allowed a middle class to flourish and ultimately make the U.S. one of the most prosperous nations in human history.. [Yahoo! News: Business - Opinion]

In this period, the term socialism was first used in connection with European social critics who criticized capitalism and private property.. [vBulletin Community Forum]

I don't want to use the term socialism because there are certain connotations of what socialism is all about, that bring up the image of Eastern Europe.. [IPS Inter Press Service]

Although Marx and Engels understood that the revolutionary transfer of state power from the bourgeoisie to the working class would not immediately bring about a communist society, and that much time would be needed before the conditions matured to the point where the state would wither away, they never used the term socialism to signify a transitional stage that would begin upon the transfer of state power.. [Political Affairs Magazine]

Socialism Translates

TurkishSocialism English to Turkish Translate
i. sosyalizm, toplumculuk.i. sosyalizm, toplumculuk.

Socialism on Social Media


How can you underpay teachers, put them in massive debt for their education, and then act surprised when they put s…


@urbane: @CogitoErgoSumAu @clairegcoleman @OddemocracyA @RuminatingR @hanny_hawkins @Standtofrankie @HOSKINMANDY22 @OsbornBrett @arch2tc…


Hates: men + whites + jews + capitalism + Trump + Republicans + Christians Loves: communism/socialism/marxism +…

Socialism Comments

Socialism Videos

Capitalism and Socialism: Crash Course World History #33
Capitalism and Socialism: Crash Course World History #33
Communism vs. Socialism: What's The Difference? | NowThis World
Communism vs. Socialism: What's The Difference? | NowThis World
What Is Socialism?
What Is Socialism?

Socialism Images

socialism image
socialism image
socialism image
socialism image

News about socialism


Socialism Word Data

  • Pronunciations(sōˈshə-lĭzˌəm)
  • Character9
  • Hyphenation so cial ism


No socialism hypernyms found!


No socialism equivalents found!
Memory Professor


Do one thing every day that scares you. (Eleanor Roosevelt )
Online IQ Test