socialism
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(noun) a political theory advocating state ownership of industry |
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Related Words: Fabianism, guild socialism, ideology, political orientation, political theory, utopian socialism |
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| 2. |
(noun) an economic system based on state ownership of capital |
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Synonyms: socialist economy |
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Related Words: International, Naziism, Nazism, communism, managed economy, national socialism |
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Antonyms: capitalism |
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