socialism : Idioms & Phrases


guild socialism

  • noun a form of socialist theory advocating state ownership of industry but managements by guilds of workers
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national socialism

  • noun a form of socialism featuring racism and expansionism and obedience to a strong leader
    Nazism; Naziism.
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state socialism

  • noun an economic system in which the government owns most means of production but some degree of private capitalism is allowed
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utopian socialism

  • noun socialism achieved by voluntary sacrifice
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