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Learn to pronounce so·cial·ism

/ˈsōSHəˌliz(ə)m/
noun
a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
"we want a real democratic and pluralist left party—one which unites all those who believe in socialism"
synonyms: leftism, Fabianism, syndicalism, consumer socialism, utopian socialism, welfarism, communism, Bolshevism, radicalism, militancy, progressivism, social democracy, laborism, Marxism, Leninism, Marxism–Leninism, neo-Marxism, Trotskyism, Maoism

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Oct 19, 2023 · Socialism is a political and economic system wherein property and resources are owned in common or by the state.
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Socialism is an economic system in which major industries are owned by the workers, rather than by private businesses or the state.