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

• 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 Project Gutenberg

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

From Project Gutenberg

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

From Project Gutenberg

In fact, it is as a new theory of representative government that guild socialism challenges attention.

From Project Gutenberg

When labour begins to realise what is adrift it will be divided between two things: between appreciative co-operation, for which guild socialism in particular has prepared its mind, and traditional suspicion.

From Project Gutenberg