Definition of SOCIALISM

Socialism vs. Social Democracy: Usage Guide

In the many years since socialism entered English around 1830, it has acquired several different meanings. It refers to a system of social organization in which private property and the distribution of income are subject to social control, but the conception of that control has varied, and the term has been interpreted in widely diverging ways, ranging from statist to libertarian, from Marxist to liberal. In the modern era, "pure" socialism has been seen only rarely and usually briefly in a few Communist regimes. Far more common are systems of social democracy, now often referred to as democratic socialism, in which extensive state regulation, with limited state ownership, has been employed by democratically elected governments (as in Sweden and Denmark) in the belief that it produces a fair distribution of income without impairing economic growth.

Communism, Socialism, Capitalism, and Democracy

Communism is one of our top all-time lookups, and user comments suggest that’s because it is often used in opaque ways. In some sources, communism is equated with socialism; in others, it is contrasted with democracy and capitalism. Part of this confusion stems from the fact that the word communism has been applied to varying political systems over time. When it was first used in English prose, communism referred to an economic and political theory that advocated the abolition of private property and the common sharing of all resources among a group of people, and it was often used interchangeably with the word socialism by 19th-century writers. The differences between communism and socialism are still debated, but generally English speakers used communism to refer to the political and economic ideologies that find their origin in Karl Marx’s theory of revolutionary socialism, which advocates a proletariat overthrow of capitalist structures within a society, societal and communal ownership and governance of the means of production, and the eventual establishment of a classless society. The most well-known expression of Marx’s theories is the 20th-century Bolshevism of the U.S.S.R., in which the state, through a single authoritarian party, controls a society’s economy and social activities with the goal of realizing Marx’s theories.

Communism is often contrasted with capitalism and democracy, though these can be false equivalencies depending on the usage. Capitalism refers to an economic theory in which a society’s means of production are held by private individuals or organizations, not the government, and where prices, distribution of goods, and products are determined by a free market. It can be contrasted with the economic theories of communism, though the word communism is used of both political and economic theories. Democracy refers to a system of government in which supreme power is vested in the people and exercised through a system of direct or indirect representation which is decided through periodic free elections. Democracy is contrasted with communism primarily because the 20th-century communism of the U.S.S.R. was characterized by an authoritarian government, whereas the democracy of the 20th-century U.S. was characterized by a representative government.

Examples of socialism in a Sentence

She is quite right, for example, to stress that Thatcher's crusade against socialism was not merely about economic efficiency and prosperity but that above all, "it was that socialism itself—in all its incarnations, wherever and however it was applied—was morally corrupting." — Stephen Pollard, New York Times Book Review, 18 Jan. 2009 Lenin's great genius, of course, was for ideology, which was redefined all too often to support the tactical requirements of the moment. But owing to his fanatical conviction of his own righteousness, especially where socialism was concerned, and also to the Promethean force of his will, his pronouncements were enshrined by his followers as universal truths. — Michael Scammell, New Republic, 20 Dec. 1999

Recent Examples on the Web

Tuesday’s midterms were among the most bitter in years, with Trump stoking conservatives’ fears of caravans of immigrants traversing Mexico and inaccurately painting Democrats as broadly striving to bring socialism to the U.S. — Alan Fram, The Seattle Times, "GOP keeps Senate control for 2 more years, triumph for Trump," 7 Nov. 2018 Tom Branson tries to ruin dinner in the name of socialism. — Tom Fitzgerald And Lorenzo Marquez, Town & Country, "The 10 Best Downton Abbey Episodes," 12 Sep. 2018 Some surveys in recent years have showed that more than half of Democrats between the ages of 18 and 34 have positive views of socialism. — Elizabeth Llorente, Fox News, "In socialist candidates' election success, some see ominous rejection of Democratic 'Old Guard'," 7 July 2018 Yet Debs presented socialism in ways that appealed to Americans’ cultural and religious values. — Erick Trickey, Smithsonian, "When America’s Most Prominent Socialist Was Jailed for Speaking Out Against World War I," 15 June 2018 Meanwhile, although socialism is coming back into fashion among the young, that word’s approval rating is still lower than Donald Trump’s with voters over 30. — Eric Levitz, Daily Intelligencer, "Ocasio-Cortez’s Socialism Can Work In The Midwest – With a Rebrand," 3 July 2018 Mr Rubio’s proposal, to double the tax credit to $2,000 per child and pay for it by making a small increase to the corporate rate his party wanted, was decried by some Republicans as socialism. — The Economist, "Marco Rubio offers his Trump-crazed party a glint of hope," 26 Apr. 2018 Some were Art Deco, some Italianate, some as awesomely severe as socialism itself, but each a splendor of its own. — Alexander Nazaryan, Newsweek, "New York's Newest Subway Station: a Gateway to Dubai-on-the-Hudson," 15 Sep. 2015 According to recent polling, just 42 percent of young people support the idea of capitalism and socialism gets 33 percent among young voters. — Fox News, "Schlapp: Trump wants nominee who will uphold Constitution," 28 June 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'socialism.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.