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socialism

/ˈsəʊʃəlɪzəm/
Meanings
  • noun

    A political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.

    - "Socialism is an economic system where the government controls the means of production."
    - "Many European countries have socialized healthcare systems."
    - "The socialist movement gained popularity in the late 19th and early 20th centuries."
  • noun

    A system or condition of society in which there is no private property.

    - "In a socialist society, the means of production are owned by the community as a whole."
    - "The idea of a socialist utopia is an appealing one to many people."
    - "Some argue that socialism leads to a lack of incentive and innovation."
Pronunciation
  1. /ˈsəʊʃəlɪzəm/



    Source: "https://commons.wikimedia.org/w/index.php?curid=88681177"
Antonyms

capitalism , free enterprise
Rhymes
Words rhyming with socialism
armyism , germania , harmonism , marxism
Variants
List of all variants of socialism that leads to same result
socialism , socialisms , democratic socialism , democratic socialist , democratic socialists , guild socialism , guild socialisms , national socialism , national socialisms , national socialist , state socialism , state socialisms , utopian socialism , utopian socialisms , utopian socialist
Etymology
origin and the way in which meanings have changed throughout history.

From Latin socialis, meaning 'friendly, kindly, compassionate, or generous'. The term was first used in the 19th century to describe a political and economic theory advocating for collective or government ownership of the means of production.

Trivia
Any details, considerations, events or pieces of information regarding the word

  1. The first known use of the term 'socialism' was in 1832 by a French utopian writer named Charles Fourier.

  2. Socialist parties have been a significant political force in many countries throughout history, including the United States, Great Britain, and France.

  3. Socialist governments have implemented a wide range of policies, from nationalizing industries to providing universal healthcare and education.

Related Concepts
informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

  1. communism: A political and economic ideology and movement that advocates for the abolition of private property and the establishment of a classless society.

  2. capitalism: An economic system in which private individuals or businesses own and operate the means of production and distribution of goods and services.

Quotes
Quotes by authors and personalities

  1. She is quite right, for example, to stress that Thatcher's crusade against "socialism" was not merely about economic efficiency and prosperity but that above all, "it was that "socialism" itself—in all its incarnations, wherever and however it was applied—was morally corrupting."

    - Stephen Pollard,{it}New York Times Book Review{/it},18 Jan. 2009

  2. Lenin's great genius, of course, was for ideology, which was redefined all too often to support the tactical requirements of the moment. But owing to his fanatical conviction of his own righteousness, especially where "socialism" was concerned, and also to the Promethean force of his will, his pronouncements were enshrined by his followers as universal truths.

    - Michael Scammell,{it}New Republic{/it},20 Dec. 1999
Culture
Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Socialism has been a significant cultural force in literature, art, and music, particularly in the 20th century. Socialist realism is a literary and artistic movement that emerged in the Soviet Union in the 1930s, characterized by its focus on the working class and the celebration of socialist ideals. Socialist themes can also be found in the works of many prominent writers, such as Upton Sinclair and George Orwell.

How to Memorize "socialism"

  1. visualize

    - Imagine a community where everyone works together to produce and distribute goods and services. Imagine a society where the needs of the many take priority over the needs of the few.

  2. associate

    - Associate the term 'socialism' with words like 'community', 'equality', and 'solidarity'. Think about the idea of people working together to create a better society.

  3. mnemonics

    - Use the acronym S.O.S. to remember the key features of socialism: 'S' for 'solidarity', 'O' for 'ownership', and 'S' for 'social welfare'.

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