Socialism
noun
A political and economic theory where community or the state owns and controls the means of production, like factories.
Sweden's economic system incorporates many elements of socialism.

Often appears as...
- democratic socialism
- elements of socialism
noun
A way of creating equality in society, by sharing wealth among all people.
The core principle of socialism is wealth redistribution to ensure everyone's needs are met.

Often appears as...
- beliefs of socialism
- socialism and equality
noun
A stage in Marxist theory transitional between capitalism and communism, where the working class holds political power.
In Marx's view, socialism is an essential stage on the path towards a truly communist society.

Often appears as...
- marxist socialism
- socialism and communism
Usage tips
Political
noun
A political and economic theory where community or the state owns and controls the means of production, like factories.
Sweden's economic system incorporates many elements of socialism.

Often appears as...
- democratic socialism
- elements of socialism
noun
A way of creating equality in society, by sharing wealth among all people.
The core principle of socialism is wealth redistribution to ensure everyone's needs are met.

Often appears as...
- beliefs of socialism
- socialism and equality
noun
A stage in Marxist theory transitional between capitalism and communism, where the working class holds political power.
In Marx's view, socialism is an essential stage on the path towards a truly communist society.

Often appears as...
- marxist socialism
- socialism and communism
Usage tips
Political
Definition 1 of 3

State Control
Socialism emphasizes the role of the government in managing production and distribution.

Under socialism, the government might run the railroads and hospitals.
Not Communism
While similar, socialism and communism are not the same; socialism allows for some private ownership.

Socialism allowed small businesses, unlike communism.
Mixed Economies
Many countries use elements of socialism within a capitalist framework, creating a mixed economy.

Canada's healthcare system is an example of socialism in a capitalist society.
State Control
Socialism emphasizes the role of the government in managing production and distribution.

Under socialism, the government might run the railroads and hospitals.
Not Communism
While similar, socialism and communism are not the same; socialism allows for some private ownership.

Socialism allowed small businesses, unlike communism.
Mixed Economies
Many countries use elements of socialism within a capitalist framework, creating a mixed economy.

Canada's healthcare system is an example of socialism in a capitalist society.
State Control
Socialism emphasizes the role of the government in managing production and distribution.

Under socialism, the government might run the railroads and hospitals.
Not Communism
While similar, socialism and communism are not the same; socialism allows for some private ownership.

Socialism allowed small businesses, unlike communism.
Mixed Economies
Many countries use elements of socialism within a capitalist framework, creating a mixed economy.

Canada's healthcare system is an example of socialism in a capitalist society.
Video examples
Geoff Mulgan:...
Just as today, the enthusiasts of unrestrained capitalism say it's rooted in human nature, only now it's individualism, inquisitiveness, and so on. Then monarchy had seen off its big challenger, mass democracy, which was seen as a well-intentioned but doomed experiment, just as capitalism has seen off socialism.
Video examples
The Secret Somali...
of stuff and because of the socialism so all the bands were state-owned quick clarification here not all the bands were on the state's payroll there were a small handful of private bans too uh there was the weaponry who is the top top of that pyramid and the rest of the
Video examples
Eric X. Li: A tale of...
When I was growing up, I was told a story that explained all I ever needed to know about humanity. It went like this. All human societies develop in linear progression, beginning with primitive society, then slave society, feudalism, capitalism, socialism,
Video examples
World's Cutest Baby...
can clearly see it in him he's a fighter he wanted to live definitely he wants to live but this will not be his permanent home we want to release him back into the world they heard animals they like the socialism they played a mad ball if
Video examples
Howard Rheingold:...
in the past have helped create new economic forms. Commerce is ancient. Markets are very old. Capitalism is fairly recent; socialism emerged as a reaction to that. And yet we see very little talk about how the next form may be emerging.
Video examples
Why should you read...
This bleak portrait of Russian society reflects the author’s own complex life experiences and evolving ideas. As a young writer who left behind a promising military career, Fyodor had been attracted to ideas of socialism and reform,
Video examples
How equal do we want the...
Now, nobody in our sample wanted full equality. Nobody thought that socialism is a fantastic idea in our sample. But what does it mean? It means that we have this knowledge gap between what we have and what we think we have,
Video examples
George Ayittey: Cheetahs...
What Africans practiced was a different form of capitalism, but then after independence, all of a sudden, markets, capitalism became a western institution, and the leaders said Africans were ready for socialism. Nonsense.
Video examples
Adorable Baby Animal...
like the socialism they play they mud bath if i see him doing well in that stages i know he will do well outside there manji is now strong enough to learn how to fend for himself and his whole world is about to change
Video examples
Hubertus Knabe: The dark...
there's no place for criticism. Instead, the leadership stuck to the belief that socialism is a perfect system, and the Stasi had to confirm that, of course. The consequence was that despite all the information,
Video examples
Geoff Mulgan:...
Just as today, the enthusiasts of unrestrained capitalism say it's rooted in human nature, only now it's individualism, inquisitiveness, and so on. Then monarchy had seen off its big challenger, mass democracy, which was seen as a well-intentioned but doomed experiment, just as capitalism has seen off socialism.
Video examples
The Secret Somali...
of stuff and because of the socialism so all the bands were state-owned quick clarification here not all the bands were on the state's payroll there were a small handful of private bans too uh there was the weaponry who is the top top of that pyramid and the rest of the
Video examples
Eric X. Li: A tale of...
When I was growing up, I was told a story that explained all I ever needed to know about humanity. It went like this. All human societies develop in linear progression, beginning with primitive society, then slave society, feudalism, capitalism, socialism,
Video examples
World's Cutest Baby...
can clearly see it in him he's a fighter he wanted to live definitely he wants to live but this will not be his permanent home we want to release him back into the world they heard animals they like the socialism they played a mad ball if
Video examples
Howard Rheingold:...
in the past have helped create new economic forms. Commerce is ancient. Markets are very old. Capitalism is fairly recent; socialism emerged as a reaction to that. And yet we see very little talk about how the next form may be emerging.
Video examples
Why should you read...
This bleak portrait of Russian society reflects the author’s own complex life experiences and evolving ideas. As a young writer who left behind a promising military career, Fyodor had been attracted to ideas of socialism and reform,
Video examples
How equal do we want the...
Now, nobody in our sample wanted full equality. Nobody thought that socialism is a fantastic idea in our sample. But what does it mean? It means that we have this knowledge gap between what we have and what we think we have,
Video examples
George Ayittey: Cheetahs...
What Africans practiced was a different form of capitalism, but then after independence, all of a sudden, markets, capitalism became a western institution, and the leaders said Africans were ready for socialism. Nonsense.
Video examples
Adorable Baby Animal...
like the socialism they play they mud bath if i see him doing well in that stages i know he will do well outside there manji is now strong enough to learn how to fend for himself and his whole world is about to change
Video examples
Hubertus Knabe: The dark...
there's no place for criticism. Instead, the leadership stuck to the belief that socialism is a perfect system, and the Stasi had to confirm that, of course. The consequence was that despite all the information,
Example 1 of 10
Quote examples
Ben Shapiro
American Author
When people are desperate or wealthy, they turn to socialism; only when they have no other alternative do they embrace the free market. After all, lies about guaranteed security are far more seductive than lectures about personal responsibility.

Quote examples
Hugo Chavez
Statesman
I even believed in a third way; I thought it was possible to put a human face on capitalism. But I was wrong. The only way to save the world is through socialism, but a socialism that exists within a democracy; there's no dictatorship here.

Quote examples
Simone Weil
French Philosopher
The only hope of socialism resides in those who have already brought about in themselves, as far as is possible in the society of today, that union between manual and intellectual labor which characterizes the society we are aiming at.

Quote examples
John McDonnell
British Politician
I have a political philosophy by which I judge political events. It's called socialism, which at its core is about achieving equality, justice and peace through democracy.

Quote examples
Jacques Delors
French Economist
For me, socialism has always been about liberty and solidarity, but also about responsibility.

Quote examples
Dave Matthews
South African Musician
I don't think socialism, and I don't think warmness and respect are necessarily bad words.

Quote examples
Hubert H. Humphrey
American Politician
Compassion is not weakness, and concern for the unfortunate is not socialism.

Quote examples
Norman Mailer
American Novelist
The function of socialism is to raise suffering to a higher level.

Quote examples
Karl Marx
German Philosopher
The meaning of peace is the absence of opposition to socialism.

Quote examples
Karl Liebknecht
German Politician
Capitalism is war; socialism is peace.

Quote examples
Ben Shapiro
American Author
When people are desperate or wealthy, they turn to socialism; only when they have no other alternative do they embrace the free market. After all, lies about guaranteed security are far more seductive than lectures about personal responsibility.

Quote examples
Hugo Chavez
Statesman
I even believed in a third way; I thought it was possible to put a human face on capitalism. But I was wrong. The only way to save the world is through socialism, but a socialism that exists within a democracy; there's no dictatorship here.

Quote examples
Simone Weil
French Philosopher
The only hope of socialism resides in those who have already brought about in themselves, as far as is possible in the society of today, that union between manual and intellectual labor which characterizes the society we are aiming at.

Quote examples
John McDonnell
British Politician
I have a political philosophy by which I judge political events. It's called socialism, which at its core is about achieving equality, justice and peace through democracy.

Quote examples
Jacques Delors
French Economist
For me, socialism has always been about liberty and solidarity, but also about responsibility.

Quote examples
Dave Matthews
South African Musician
I don't think socialism, and I don't think warmness and respect are necessarily bad words.

Quote examples
Hubert H. Humphrey
American Politician
Compassion is not weakness, and concern for the unfortunate is not socialism.

Quote examples
Norman Mailer
American Novelist
The function of socialism is to raise suffering to a higher level.

Quote examples
Karl Marx
German Philosopher
The meaning of peace is the absence of opposition to socialism.

Quote examples
Karl Liebknecht
German Politician
Capitalism is war; socialism is peace.

Example 1 of 10
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