socialism

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Socialism

An economic system in which the state or the people generally own most or all of the means of production. That is, under socialism, industries, agriculture and corporations are nationalized. The government may also manage the nationalized companies, or they may delegate this to a private company. Most socialist systems, however, allow some degree of private enterprise. Because it favors a strong role for the state, socialism should not be confused with Marxism, which holds that the state will eventually disappear.
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socialism

a political doctrine that emphasizes the collective ownership of the means of production, ascribing a large role to the state in the running of the economy, with widespread public ownership (NATIONALIZATION) of key industries, although it allows limited scope to market forces. MARX regarded socialism as a transitional stage between the end of a PRIVATE-ENTERPRISE system and the beginnings of COMMUNISM. In practice, the revolutionary, communist form of socialism, which involves abolition of all private property, is limited to only a few countries, such as Cuba. Elsewhere, the main form of economic system is that of the MIXED ECONOMY, which combines elements of democratic socialism and the private-enterprise tradition. See CENTRALLY PLANNED ECONOMY.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
[beaucoup moins que]Cet atelier est une contribution de la part du Syndicat afin d'approfondir le debat sur la generalisation de la protection sociale des professionnels des arts.
Le ministre des Finances a fait savoir que le gouvernement s'attachait a realiser la justice sociale via une serie d'axes en tete desquels le maintien de la subvention des denrees d'approvisionnement dont profitent les categories pauvres.
Dans le cas de l'economie sociale, cela necessite donc de partir de donnees economiques et sociales prenant en compte l'activite economique et la mission sociale des entreprises.
Le budget consacre a la protection sociale est sans precedent et, loin d'etre en delitement, le role social de l'Etat s'est accru au point que Messu conclut a l'avenement--depuis les annees 1990--d'un modele d'<< assurance d'assistance >> qui place l'intervention publique sous l'egide de l'universalisme et dans lequel les << assistes >> ne sont plus consideres comme des << cas sociaux >>, quemandeurs vis-a-vis des institutions, mais bien comme des citoyens beneficiaires de droits sociaux, qu'ils soient salaries ou non.
La dimension sociale est donc deja reconnue dans ces modeles, bien que non approfondie.
The Giornale degli Economisti was established in 1875, well before the Riforma Sociale, which was established in 1894.
Il y presente aussi le bilan de ses propres recherches sur le domaine de l'intervention sociale. Pour une intervention sociale efficace en milieu interculturel se penche sur la realite canadienne.
Cantina sociale Marmilla--Unione viticoltori associati Soc.
"L'Economie sociale a' 1'exposition de 1889," Reforme sociale, second series, no.