Definitions
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noun
  1. Any of various political philosophies that support social and economic equality, collective decision-making and public control of productive capital and natural resources, as advocated by socialists.
  2. The socialist political philosophies as a group, including Marxism, libertarian socialism, democratic socialism, and social democracy.
  3. (context, Leninism) The intermediate phase of social development between capitalism and full communism. This is a strategy whereby the State has control of all key resource-producing industries and manages most aspects of the market, in contrast to laissez faire capitalism.
  4. (context, Classical Marxism) The international communist society where classes and the state no longer exist.
Translations:
  • Dutch: socialisme
  • German: Sozialismus(de)m
  • Italian: socialismo(it)m

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