so·cial·ismBrE/ˈsəʊʃəlɪzəm/NAmE/ˈsoʊʃəlɪzəm/noun[U]asetofpoliticalandeconomictheoriesbasedonthebeliefthateveryonehasanequalrighttoashareofacountry'swealthandthatthegovernmentshouldownandcontrolthemainindustries社会主义➡ comparecapitalism, communism, social democracy
capitalism, communism, democracy, dictatorship, fascism, imperialism, liberal, radical, socialism, system