Definition Of Socialism

socialism - definition of socialism - Economic system which is based on cooperation rather than competition and which utilizes centralized planning and .

Many people don't understand the true meaning of socialism. Some assume that it applies to both economic and political systems. However, according to the .

Socialism is an economic and political theory advocating public or common ownership and cooperative management of the means of production and allocation of .

Definition of Socialism. Socialism. A theory or system of social reform which contemplates a complete reconstruction of society, with a more just and .

4 Aug 2008 . As you can tell, it's near election time. Hence, the right wing . According to Merriam Webster dictionary Socialism is defined as: "any of .

any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and .

Socialism definition, a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and .

so·cial·ism (s sh -l z m). n. 1. Any of various theories or systems of social organization in which the means of producing and distributing goods is owned .

Definition: Socialism is a political term applied to an economic system in which property is held in common and not individually, and relationships are .

socialism n. Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively.