state socialism

American  

noun

1. the theory, doctrine, and movement advocating a planned economy controlled by the state, with state ownership of all industries and natural resources.

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state socialism British  

noun

1. a variant of socialism in which the power of the state is employed for the purpose of creating an egalitarian society by means of public control of major industries, banks, etc, coupled with economic planning and a social security system

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Other Word Forms

• state socialist noun

Etymology

Origin of state socialism

First recorded in 1875–80

Example Sentences

"My idea is really not state socialism, but associated model production."

From Salon • May 3, 2024

The 76-year-old has run the Láng Téka bookstore in central Budapest for nearly 35 years, since just before Hungary’s democratic transition from state socialism.

From Seattle Times • Jul. 28, 2023

Two post-Utopian and rival forms of socialist theory matured in this period: state socialism and anarchist socialism.

From Textbooks • Jan. 1, 2020

Although there were significant achievements, notably in healthcare and education, Castro’s idealistic brand of state socialism, anti-capitalist collectivism and emancipatory struggle ultimately foundered.

From The Guardian • Nov. 26, 2016

These were refused, the Reichstag was dissolved and Prince Bismarck boldly came forward with a new fiscal policy, a combination of protection and state socialism.

From Encyclopaedia Britannica, 11th Edition, Volume 2, Slice 2 "Anjar" to "Apollo" by Various