An economic system with some of people's individual needs provided by government. As this is true of most societies, some define as socialist only countries where this government provision exceed [..]

A theory or system of social organization that advocates the ownership and control of land, capital, industry, etc. by the community as a whole. In Marxist theory it represents the stage following cap [..]

A belief that a country's wealth should be distributed equally among its population, and to varying extent also that its industries should be under government ownership and control.

A method of government in which the means of planning and producing goods and services are controlled by a central government which also seeks to collect the wealth of the nation and distribute it evenly amongst its citizens.

1837, from French socialisme (1832) or formed in English (based on socialist) from social (adj.) + -ism. Perhaps first in reference to Robert Owen's communes. "Pierre Leroux (1797-1871), ide [..]

a political theory or system in which the means of production and distribution are controlled by the people and operated according to equity and fairness rather than market principles

Refer to "See Also" column to the right.

system of organization or government where all property, industry, and capital is owned by the community, not individuals.

A leftist political ideology that emphasizes the principle of equality and usually prescribes a large role for government to intervene in society and the economy via taxation, regulation, redistributi [..]

In theory, an economy that is a transition between capitalism and communism. It is based on--(1) government, rather than individual, ownership of resources, (2) worker control of the government, such [..]

a political theory advocating state ownership of industry an economic system based on state ownership of capital (socialistic) advocating or following the socialist principles; "socialist [..]

n. A theory of civil polity that aims to secure the reconstruction of society.

A form of government where the state owns everything. The people elect some representative while others are appointed by the government.

A system where wealth, land and property are owned and controlled by the community as a whole rather than being privately owned.

An economic system in which the means of production and distribution of goods and services are publicly owned.

Definition Economic system which is based on cooperation rather than competition and which utilizes centralized planning and distribution.

A proposed economic system in which workers, not private capitalist individuals, own and control the means of production. (This includes factories, stores, farmland, machinery, etc.) Not to be confuse [..]

Public collective ownership and control of the means of production, distribution, and exchange. Also viewed as a political ideology based on strong support for economic and social equality, in a socie [..]

 an economic (and political) ideology that promotes the common ownership of the “means of production.” That is, socialism calls for the public ownership of resources used in the production and distrib [..]

A social and economic structure where property and resources are owned by the government rather than by individuals or private companies.

System of government where most services are provided by corrupt state institutions instead of corrupt private institutions.

  Left-wing political system where the principle means of production, distribution and exchange are in common ownership.

According to Karl Marx, the transitional stage between capitalism and communism. In socialism, the means of production, distribution and trade are owned by a large, powerful government that controls virtually everything and everyone. The individual's rights to his or her life, freedom and property are sacrificed to the government's plans.

From the early nineteenth century forward, any economic system or general philosophy emphasizing collective or state ownership of most forms of property, especially the means of production, and provid [..]

Economic system which is based on cooperation rather than competition. Focuses on central governmental planning and distribution and takes care of citizens’ personal lives, using taxpayers’ money.

Socialism is a set of ideologies promoting an economic system in which all or most productive resources are the property of the government, in which the production and distribution of goods and servic [..]

(n) a political theory advocating state ownership of industry(n) an economic system based on state ownership of capital

belief in, or the fact of, collective ownership of the means of production and distribution in contrast with capitalist notions of private ownership, profit, and competition. The term encompasses a wi [..]

A system of Government in which means of production and distribution of goods are controlled by the state.

The doctrines and Policies of the Nazis or the National Social German Workers party, which ruled Germany under Adolf Hitler from 1933-1945. These doctrines and Policies included racist nationalism, ex [..]

A system of government in which means of production and distribution of goods are controlled by the state.

It is said that the word ‘socialism’ was first used by Pierre Leroux, a supporter of Saint–Simon, in 1832, and was quickly taken up by Robert Owen. ...

A society may be defined as socialist if the major part of the means of production of goods and services is in some sense socially owned and operated, ...

In the Marxian tradition socialism means the end of expropriation of surplus value from labour by capitalists. If markets are needed more to coordinate ...

A class of ideologies favoring an economic system in which all or most productive resources are the property of the government, in which the production and distribution of goods and services are admin [..]