STATE SOCIALISM • DICTIONARY ONE.COM • Definition of State socialism

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/steɪt sˈoʊʃəlˌɪzəm/ Listen

State socialism

noun

An economic system in which the government owns most means of production but some degree of private capitalism is allowed.

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Etymology of 'State socialism'

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"State socialism" Quotes from Famous Books

... The selective influences by which our present high level has been reached and maintained may well be modified, but they must not be abandoned or reversed in the rash expectation that State education, or State feeding of children, or State housing of the poor, or any amount of State socialism or public or private philanthropy, will prove permanently satisfactory substitutes. If ruinous deterioration and other more immediate evils, are to be avoided, the race must still be to the swift and the battle to the strong. The healthy Individualism ...

— Are the Effects of Use and Disuse Inherited? - An Examination of the View Held by Spencer and Darwin • William Platt Ball

... control rather than individual or co-operative effort as the remedy of every evil. Social questions have assumed a greater prominence in politics; and, with the lowering of the franchise, the vague State Socialism, which, in different degrees, pervades most working-class politics, has given a bias to both parties in the State. It has become prominent in every election and has produced many ...

— Historical and Political Essays • William Edward Hartpole Lecky

... profit to the full by the increased productiveness of the willing labour of men who are employed in their own workshops and on their own property. There is no need to clamour for great schemes of State Socialism. The whole thing can be done simply, economically, and speedily if only the workers will practice as much self-denial for the sake of establishing themselves as capitalists, as the Soldiers of the ...

— "In Darkest England and The Way Out" • General William Booth

Words linked to "State socialism" : economy, economic system