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.

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.
References in periodicals archive ?
Denn der Unterschied zwischen beiden Funktionaren ist, dass Gorlich uber seine Frau und seinen Sohn fiber die Realitat des Lebens im Sozialismus aufgeklart ist, ausgerustet mit einem Wissen, dass er aus Parteidisziplin und offenbar aus Dank dafur, von den Russen 1945 nicht erschossen worden zu sein, unterdruckt.
26) Die Frauen--der Frieden trod der Sozialismus, Kommunique des Demokratischen Frauenbundes Deutschland (DFD) In: Demokratischer Frauenbund Deutschlands (DFD), Geschichte des Demokratischen Frauenbundes Deutschlands.
Betrachten wir die Prasenz des einst Verdrangten, mit dem heute Auto en wie Mamleev oder Sorokin den an Ideale, an Belehrung und Orientierung gewohnten Leser sowjetischer Pragung konfrontieren, dann wirkt diese Wiederkehr wie eine Antwort auf die im Sozialismus propagierte Behauptung, der Mensch sei gut, und Begriffe wie Teufel oder Sunde gehorten dem abgelegten Denken des 19.
Jurgen Aretz, Katholische Arbeiterbewegung und National Sozialismus, VKZ B25, 2d ed.
Offering cheap travel facilities was part and parcel of the some what Fordist concept of Sozialismus der Tat ("Socialism of deed"): Socialism (1) it read, was an ideology of class struggle that did not live up to its promised land of plenty, but split the nation instead, whereas the true, national Socialism improves the "standard of living" of the masses and unites the nation in the Volksgemeinschaft ("people's community" or "racial community", as Baranowski translates in respect to the exclusion of genetic "inferiors" (2)).
Legitimationsversuche der Kirchenpolitik wahrend der NS-Zeit in Deutschland und der Sozialismus in Ungarn -- Karl Barth, "Brief an Bischof Albert Bereczky, Budapest 1951 ", in Dieter Koch, Karl Barth: Offene Briefe 1945-1968, Zurich, 1984, p.