Thesaurus: state socialism

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Definitions

1. n. an economic system in which the government owns most means of production but some degree of private capitalism is allowed
2. A form of socialism, esp. advocated in Germany, which, while retaining the right of private property and the institution of the family and other features of the present form of the state, would intervene by various measures intended to give or maintain equality of opportunity, as compulsory state insurance, old-age pensions, etc., answering closely to socialism of the chair.
3. A form of socialism, esp. advocated in Germany, which, whileretaining the right of private property and the institution of thefamily and other features of the present form of the state, wouldintervene by various measures intended to give or maintain equalityof opportunity, as compulsory state insurance, old-age pensions,etc., answering closely to socialism of the chair.