Home > Term: socialism
socialism
A social system which, in opposition to the competitive system that prevails at present, seeks to reorganise society on the basis, in the main, of a certain secularism in religion, of community of interest, and co-operation in labor for the common good, agreeably to the democratic spirit of the time and the changes required by the rise of individualism and the decay of feudalism.
- Part of Speech: noun
- Industry/Domain: Language
- Category: Encyclopedias
- Organization: Project Gutenberg
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