Definition of Socialist economy

1. Noun. An economic system based on state ownership of capital.

Exact synonyms: Socialism
Specialized synonyms: Communism, International, National Socialism, Naziism, Nazism
Generic synonyms: Managed Economy
Antonyms: Capitalism
Derivative terms: Socialist, Socialistic



Socialist Economy Pictures

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Lexicographical Neighbors of Socialist Economy

social welfare
social work
social worker
social workers
socialisation
socialise
socialised
socialised medicine
socialiser
socialisers
socialises
socialising
socialism
socialisms
socialist
socialist economy (current term)
socialist realism
socialistic
socialistically
socialists
socialite
socialites
socialities
socialization
socializations
socialize
socialized
socialized medicine
socializee

Literary usage of Socialist economy

Below you will find example usage of this term as found in modern and/or classical literature:

1. Mental Culture in Burmese Crisis Politics: Aung San Suu Kyi and the National by Gustaaf Houtman (1999)
"This peculiar use of an army, in the absence of external enemies, to 'defend our socialist economy' suggests that the centralisation of the economy in the ..."

2. The Economic Synthesis: A Study of the Laws of Income by Achille Loria, Eden Paul (1914)
"220-1) between the harmonic social forms (economy of the isolated labourer producing for direct consumption or for exchange, and the socialist economy) and ..."

3. Epistemological Problems of Economics by Ludwig von Mises (2003)
"The impossibility of economic calculation makes a socialist economy based on ... A completely socialist economy can exist only in thought, not in reality. ..."

4. The Cold War in Asia by Cold War International History Project (1996)
"Without a high level of centralism, we cannot establish a socialist economy. What will happen then to our country if we cannot create a socialist economy? ..."

5. China and Japan: New Economic Diplomacy by Chae-Jin Lee (1984)
"... [Theoretical questions of socialist economy] (Beijing: Renmin chuban- she, 1979); ... questions of socialist economy] (Beijing: Renmin chubanshe, 1979). ..."

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