guild socialism


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.

Origin of guild socialism

First recorded in 1910–15

OTHER WORDS FROM guild socialism

guild socialist, noun guild-so·cial·is·tic, adjective

Words nearby guild socialism

British Dictionary definitions for guild socialism

guild socialism

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

Derived forms of guild socialism

guild socialist, noun