Meaning Of The Word Guild socialism

Real Dictionary

What's the definition of Guild socialism? Find Guild socialism meanings, definitions and more at the Real Dictionary online.

Guild socialism Meaning

Guild socialism Definition
Guild socialism Definition

What's The Definition Of Guild socialism?

guild socialism in American English
a form of socialism proposed in England in the early 20th cent., emphasizing government ownership of all industries, each to be managed by a guild of workers
noun: a form of socialism developed in England in the 20th century, emphasizing decentralization of industry and services with control to be vested in autonomous guilds of workers

guild socialism in British English
noun: a form of socialism advocated in Britain in the early 20th century. Industry was to be owned by the state but managed and controlled by worker-controlled guilds

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