Socialism Meaning: Definition, Examples, and Translations
🌍
socialism
[ˈsoʊʃəlɪzəm ]
Definition
political theory
Socialism is a political and economic theory advocating for collective or governmental ownership and administration of the means of production and allocation of resources. It aims to achieve social and economic equality through the redistribution of wealth and the reduction of class distinctions.
Synonyms
collectivism, communalism, leftism.
Examples of usage
- Socialism promotes the idea of shared wealth.
- Many countries have adopted socialist policies.
- Debate on socialism continues in modern politics.
Translations
To see the translation, please select a language from the options available.
Origin of 'socialism'
The term 'socialism' originated in the early 19th century, deriving from the French 'socialisme,' which is rooted in the Latin word 'socialis,' meaning 'of companionship, of allies.' The concept includes ideas that were part of the broader movement known as the socialist movement, which aimed to address the inequities of capitalism during the Industrial Revolution. Early thinkers like Karl Marx and Friedrich Engels significantly shaped socialist ideology, advocating for the establishment of a classless society. Over time, socialism diversified into various forms, from democratic socialism to Marxist-Leninism, reflecting the different interpretations and practices associated with the foundational principles of collective ownership and social equity.
Word Frequency Rank
At #6,912 in frequency, this word belongs to advanced vocabulary. It's less common than core vocabulary but important for sophisticated expression.
- ...
- 6909 travelled
- 6910 exaggerated
- 6911 rude
- 6912 socialism
- 6913 importation
- 6914 ascribed
- 6915 yellowish
- ...