1 guild socialism | Definition of guild socialism

guild socialism

noun

Definition of guild socialism

: an early 20th century English socialistic theory advocating state ownership of industry with control and management by guilds of workers

First Known Use of guild socialism

1912, in the meaning defined above

Keep scrolling for more

More from Merriam-Webster on guild socialism

Britannica.com: Encyclopedia article about guild socialism

×

You're never
too cool to learn something new.

Sign up for our Word of the Day
daily newsletter!