guild socialism

noun

1. 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

noun

1. 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

Derived Forms

• guild socialist, noun

Other Words From

• guild socialist noun
• guild-social·istic adjective

Word History and Origins

Origin of guild socialism¹

First recorded in 1910–15

Example Sentences

He plunges into economics with a good deal of vigour, but I do not think he has thought out to its logical conclusion his thesis of guild socialism.

From Project Gutenberg

Of these few, not half a dozen know the meaning of French syndicalism or English guild socialism.

From Project Gutenberg

II She had left a city which sat up nights to talk of universal transition; of European revolution, guild socialism, free verse.

From Project Gutenberg

One would be by the trade unions which fought the battle that brought guild socialism into being.

From Project Gutenberg

When labour begins to realise what is adrift it will be divided between two things: between appreciative co-operation, for which guild socialism in particular has prepared its mind, and traditional suspicion.

From Project Gutenberg