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

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

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 War and the future: Italy, France and Britain at war by Wells, H. G. (Herbert George)

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

From Public Opinion by Lippmann, Walter

One would be by the trade unions which fought the battle that brought guild socialism into being.

From Public Opinion by Lippmann, Walter