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Dictionary


so•cial•ism



Pronunciation: (sō'shu-liz"um), [key]
n.
1. a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.
2. procedure or practice in accordance with this theory.
3. (in Marxist theory) the stage following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles. Cf. utopian socialism.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

social insurancesocial isolation
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