Meaning & Definition of Socialism in English

Detailed Definitions

• Definition: A political and economic system where the means of production are owned and regulated by the community as a whole.

  Example Sentence: In socialism, the government plays a key role in managing the economy.

• Definition: A theory advocating for the organization of society in which the means of production and trade are owned or regulated by the community.

  Example Sentence: The principles of socialism promote equal distribution of resources.

• Definition: A movement that seeks to establish a socialist society through political action.

  Example Sentence: The socialist movement gained momentum in the early 20th century.

Etymology

Origin: Derived from the Latin 'socialis' which means 'of companionship, of society'.

Synonyms

Common Phrases and Expressions

• democratic socialism: A political ideology that advocates for political democracy alongside social ownership of the means of production.
• socialist principles: The foundational beliefs and practices that underpin socialist ideology.
• state socialism: A form of socialism where the state has substantial control over the economy and social policy.

Translations

• Spanish: socialismo

• French: socialisme

• German: Sozialismus

• Russian: социализм

Related Words

• socialist: A person who supports or advocates for socialism.

• social welfare: Programs that provide assistance to individuals in need.

• public ownership: Ownership of resources by the state or community.

Slang Meanings of socialism

• Meaning: Socialism Lite

  Example Sentence: Some people view certain welfare programs as socialism lite, a milder version of socialism.

• Meaning: Socialist agenda

  Example Sentence: Critics might label any government initiative they dislike as part of a socialist agenda.