About The Word State socialism

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State socialism

State socialism Meaning & Definition
State socialism Definition And Meaning

What's The Definition Of State socialism?

[n] an economic system in which the government owns most means of production but some degree of private capitalism is allowed

Synonyms | Synonyms for State socialism:

Related Terms | Find terms related to State socialism:

See Also | economic system | economy

State socialism In Webster's Dictionary

\State socialism\ A form of socialism, esp. advocated in Germany, which, while retaining the right of private property and the institution of the family and other features of the present form of the state, would intervene by various measures intended to give or maintain equality of opportunity, as compulsory state insurance, old-age pensions, etc., answering closely to socialism of the chair.

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