BACK TO socialism
democratic socialism vs. socialism
noun
- socialism, or a modified form of socialism, achieved by a gradual transition by and under democratic political processes.
[ soh-shuh-liz-uhm ]
noun
- a theory or system of social organization that advocates the ownership and control of the means of production and distribution, capital, land, etc., by the community as a whole, usually through a centralized government.
- procedure or practice in accordance with this theory.
- (in Marxist theory) the stage following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles.