Synonyms for

Socialism

Verb / ˈsəʊʃʌˌlɪzʌm / Another word for socialism — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

Socialism is an economic system where the government owns and controls the means of production, distribution, and exchange.

Synonyms & similar words

socialisteconomy capitalism communism collectivism statism leftism progressivism Marxism Leninism Maoism Bolshevism radicalism cooperative redistribution egalitarianism

Synonyms by register

Formal

collectivism communism welfarism statism

Informal

sharing economy community ownership people power

Antonyms

capitalism individualism laissez-faire free enterprise conservatism libertarianism

Common collocations

  • democratic socialism
  • market socialism
  • socialism vs capitalism
  • socialism in practice
  • socialism for the rich
  • socialism for the poor

Word family

noun socialism
adjective socialist

Usage note

Socialism is a broad term encompassing various economic and political systems. It is often contrasted with capitalism. Be aware of the different interpretations and political connotations associated with the term.

Example sentences

  1. Socialism has been criticized for stifling innovation and individual initiative.
  2. Some people believe that socialism is the solution to income inequality.
  3. The socialist party gained more seats in the election.
  4. Socialism has been around for over a century.
  5. Many countries have experimented with socialism as an economic system.

Quotes

  • Socialism is a scare word they have hurled at every advance the people have made in the last 20 years. - Harry Truman
  • Socialism is the same as Communism, only better English. - George Bernard Shaw
  • Capitalism is the exploitation of man by man. Socialism is the exact opposite. - Unknown

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