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  2. Social ownership - Wikipedia

     
  3. so·cial·ism
    noun
    1. a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole:
      "we want a real democratic and pluralist left party—one which unites all those who believe in socialism"
      Opposite:
    More about socialism
  4. What Is Socialism? Definition and Examples - ThoughtCo

    WebAug 26, 2021 · Socialism is an economic, social, and political system based on public rather than private ownership of a countrys means

    • Estimated Reading Time: 9 mins
  5. Socialism | Definition, History, Types, Examples, & Facts

  6. People also ask
    Is ownership social?Ownership means that the object owned is disposed of by the owner in his own interests (broadly conceived). For ownership to be social, therefore, it must satisfy two criteria: the disposition of the object owned must be in the interest of society and the owned object must be disposed of by society. ^ Busky, Donald F. (2000).
    What is the difference between social ownership and capitalist ownership?Social ownership contrasts with capitalist ownership, in which the means of production are used to create a profit. In a socialist economic system, the means of production would instead be used to directly satisfy economic demands and human needs.
    How does private ownership define socialism?Just as private ownership defines capitalism, social ownership defines socialism. The essential characteristic of socialism in theory is that it destroys social hierarchies, and therefore leads to a politically and economically egalitarian society. Two closely related consequences follow.
    What is social ownership of the means of production?Social ownership of the means of production can take many forms. It could refer to cooperative enterprises, common ownership, direct public ownership, or autonomous state enterprises. Social ownership contrasts with capitalist ownership, in which the means of production are used to create a profit.
  7. Socialism - National Geographic Society

  8. Socialism: A short primer | Brookings

    WebMay 13, 2019 · Center for Effective Public Management. Editor's note: In this essay, E.J. Dionne, Jr. and Bill Galston give a primer on socialism in three parts: its definition, the age gap in...

  9. Socialism: History, Theory, Analysis, and Examples of …

    WebDec 18, 2023 · Socialism is a populist economic and political system based on collective, common, or public ownership of the means of production. Those means of production include the machinery,...

  10. What is socialism? | Britannica

  11. 16.1D: Socialism - Social Sci LibreTexts

  12. Socialism | Internet Encyclopedia of Philosophy

  13. Socialist Economy: What Is It, In Theory or Practice?

    WebUpdated December 31, 2023. Reviewed by. Robert C. Kelly. Fact checked by. Yarilet Perez. Generally speaking, a socialist economy is a system in which there is collective ownership of the...

  14. Socialism Definition & Meaning - Merriam-Webster

  15. Defining Socialism | SpringerLink

  16. Michael Meeropol: What Would An American Socialism Look Like?

  17. About: Social ownership - DBpedia Association

  18. social ownership noun - Oxford English Dictionary

  19. Social ownership Facts for Kids

  20. Social Enterprise: What It Is, How It Works, and Examples

  21. Social democracy | Definition, Principles & History | Britannica

  22. Capitalism - Wikipedia

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  24. What Is Capitalism: Varieties, History, Pros & Cons, Socialism