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socialism 3 results
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- - Socialism, as defined by its advocates, is a theory of civil polity that aims to secure the reconstruction of society, increase of wealth, and a more equal distribution of the products of labor through the public collective ownership of land and capital ( as distinguished from property), and the public collective management of all industries. Its aim is extended industrial cooperation; socialism is a purely economic term, applying to landownership and productive capital. Many socialists call themselves collectivists, and their system collectivism. Communism would divide all things, including the profits of individual labor, among members of the community; many of its advocates would abolish marriage and the family relation. Anarchism is properly an antonym of socialism, as it would destroy, by violence if necessary, all existing government and social order, leaving the future to determine what, if anything, should be raised upon their ruins.
