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guild socialism

Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. An English socialist doctrine of the early 20th century according to which industry would be owned by the state but managed by guilds of workers.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. a form of socialist theory advocating state ownership of industry but managements by guilds of workers

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