noun. ['ˈsoʊʃəˌlɪzəm'] a political theory advocating state ownership of industry.
- guild socialism
- political orientation
- utopian socialism
Words that Rhyme with Socialism
How do you pronounce socialism?
Pronounce socialism as ˈsoʊʃəˌlɪzəm.
US - How to pronounce socialism in American English
UK - How to pronounce socialism in British English
Example sentences of the word socialism
1. Noun, singular or mass
Various forms of communism and socialism have existed in the past and continue to operate today.
Quotes containing the word socialism
1. Socialism has no moral justification whatsoever; poor people are not morally superior to rich people, nor are they owed anything by rich people simply because of their lack of success. Charity is not a socialist concept - it is a religious one, an acknowledgment of God's sovereignty over property, a sovereignty the Left utterly rejects.
- Ben Shapiro
2. They talk about the failure of socialism but where is the success of capitalism in Africa, Asia and Latin America?
- Fidel Castro
3. To put it bluntly, there isn't one economic theory that can single-handedly explain Singapore's success; its economy combines extreme features of capitalism and socialism. All theories are partial; reality is complex.
- Ha-Joon Chang
noun. ['ˈsoʊʃəˌlɪzəm'] an economic system based on state ownership of capital.
- socialist economy
- managed economy
- national socialism
- private enterprise
- laissez-faire economy
- market economy
- free enterprise