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Word | Socialism |
Chinese Meaning | 社会主义, 社會主義, 社会主义 (shèhuìzhǔyì), 社会主义运动 |
an economic system based on state ownership of capital / a political theory advocating state ownership of industry / A theory or system of social reform which contemplates a complete reconstruction of society, with a more just and equitable distribution of property and labor. In popular usage, the term is often employed to indicate any lawless, revolutionary social scheme. See Communism, Fourierism, Saint-Simonianism, forms of socialism. / 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., | |
Usage | ⇒ Socialism is necessary in the country ⇒ With the advent of Karl Marx, socialism became a science. |
Synonyms | communism, collectivism, communion, cooperation, republicanism, socialist economy, statism, feudalism, utopian socialism, democracy, collective ownership, guild socialism, liberalism, state socialism, Fabianism, aristocracy, beadledom, bureaucracy, centralism, collective farm, |
Antonyms | capitalism, competition, business, commercialism, fascism, entrepreneurship, industrialism, mercantilism, capitalisms, democracy, |
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