guild socialism

noun

Definition of guild socialism

: an early 20th century English socialistic theory advocating state ownership of industry with control and management by guilds of workers

First Known Use of guild socialism

1912, in the meaning defined above

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The first known use of guild socialism was in 1912

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Cite this Entry

“Guild socialism.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/guild%20socialism. Accessed 4 Dec. 2020.

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Britannica.com: Encyclopedia article about guild socialism

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