socialism
pronunciation
How to pronounce socialism in British English: UK [ˈsəʊʃəlɪzəm]
How to pronounce socialism in American English: US [ˈsoʊʃəlɪzəm]
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- Noun:
- a political theory advocating state ownership of industry
- an economic system based on state ownership of capital
Word Origin
- socialism (n.)
- 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), idealistic social reformer and Saint-Simonian publicist, expressly claims to be the originator of the word socialisme" [Klein, also see OED discussion]. The word begins to be used in French in the modern sense c. 1835.
Antonym
Example
- 1. Others describe a democracy with a hint of socialism .
- 2. Marx did not invent socialism or communism .
- 3. Many people think that this is socialism .
- 4. But socialism is concerned about ordinary individuals .
- 5. No rest until independence and socialism !