socialism

[US]/ˈsəʊʃəlɪzəm/
[UK]/ˈsoʊʃəlɪzəm/
Frequency: Very High

Translation

n. a political system that advocates public ownership and social welfare systems, aiming for social equality.

Phrases & Collocations

scientific socialism

market socialism

democratic socialism

utopian socialism

national socialism

Example Sentences

The country adopted socialism as its economic system.

Socialism aims to achieve a more equal distribution of wealth.

Many people believe in the principles of socialism.

Socialism emphasizes collective ownership of the means of production.

He has been a vocal supporter of socialism for years.

Socialism promotes social welfare programs for the benefit of all citizens.

The country's constitution enshrines the principles of socialism.

Critics argue that socialism stifles individual initiative.

Real-world Examples

The road to socialism does not run through Georgia.

Source: CNN 10 Student English December 2020 Collection

The former Vice President said his government will continue perfecting Socialism.

Source: BBC Listening Collection April 2018

The demonstrators accused the president of abandoning socialism with his austerity policies.

Source: BBC Listening Collection May 2013

It's moved towards socialism, taking over control of TV stations, food companies, oil companies.

Source: CNN Listening February 2014 Collection

The problem in Venezuela is not that socialism has been poorly implemented, but that socialism has been faithfully implemented.

Source: Trump's United Nations Speech 2017

The black liberation struggle in essence is a struggle for socialism, he wrote.

Source: NPR News January 2014 Compilation

Often, socialism has both private property and some public ownership and control of industry.

Source: Economic Crash Course

Critics said it was a road to socialism, or a disaster waiting to happen.

Source: Obama's weekly television address.

Basically just to review: there are two kinds of socialism.

Source: Yale University Open Course: European Civilization (Audio Version)

His socialism, at root, was based in desert customs of shared property and grazing land.

Source: The Economist - Comprehensive

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