Antonym: capitalism. Similar words: socialize, socialized, social, socially, antisocial, social services, social contract, specialist. Meaning: ['səʊʃəlɪzm] 
n. 1. a political theory advocating state ownership of industry 2. an economic system based on state ownership of capital.
n. 1. a political theory advocating state ownership of industry 2. an economic system based on state ownership of capital. 
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151. Socialism means Peace on earth and goodwill to all mankind.
More similar words: socialize, socialized, social, socially, antisocial, social services, social contract, specialist, colonialism, sociable, associate, associated, association, vandalism, journalism, mutualism, federalism, capitalism, commensalism, pastoralism, nationalism, specialize, commercialize, materialistic, society, nihilism, symbolism, racial, facial, parallelism.