Thesaurus: socialism

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1. n. 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.
2. n. a political theory advocating state ownership of industry
3. n. an economic system based on state ownership of capital
4. n:100 n. a political theory advocating state ownership of industry n. an economic system based on state ownership of capital