guild socialism

American  

noun

1. a form of socialism developed in England in the 20th century, emphasizing decentralization of industry and services with control to be vested in autonomous guilds of workers.

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guild socialism British  

noun

1. a form of socialism advocated in Britain in the early 20th century. Industry was to be owned by the state but managed and controlled by worker-controlled guilds

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Other Word Forms

Derived Forms

• guild socialist
  noun
• guild-socialistic
  adjective

Etymology

Origin of guild socialism

First recorded in 1910–15

Example Sentences

He plunges into economics with a good deal of vigour, but I do not think he has thought out to its logical conclusion his thesis of guild socialism.

From Painted Windows Studies in Religious Personality by Begbie, Harold

Of these few, not half a dozen know the meaning of French syndicalism or English guild socialism.

From An American Idyll The Life of Carleton H. Parker by Parker, Cornelia Stratton

If there is no settled scheme of functions in every voter's head, he has no better way under guild socialism than under orthodox democracy of turning a self-centered opinion into a social judgment.

From Public Opinion by Lippmann, Walter

Does it mean co-partnership, profit-sharing, co-operative societies, joint committees, national wages boards, guild socialism, nationalisation?

From Essays in Liberalism Being the Lectures and Papers Which Were Delivered at the Liberal Summer School at Oxford, 1922 by Various

II She had left a city which sat up nights to talk of universal transition; of European revolution, guild socialism, free verse.

From Main Street by Lewis, Sinclair