What does guild socialism mean?
Definitions for guild socialism
guild so·cial·ism
This dictionary definitions page includes all the possible meanings, example usage and translations of the word guild socialism.
Princeton's WordNet
guild socialismnoun
a form of socialist theory advocating state ownership of industry but managements by guilds of workers
ChatGPT
guild socialism
Guild socialism is a political and economic theory that advocates for the control of industry to be given to autonomous cooperatives or guilds of workers. These guilds would democratically run their respective industries, ensuring that the workers themselves, rather than capitalists or the state, reap the benefits of their labor. This theory, influenced by the medieval guild system, found popularity in the early 20th century, particularly in Great Britain. It is considered a form of socialism, as it seeks to redistribute wealth and power to the working class.
Wikidata
Guild socialism
Guild socialism is a political movement advocating workers' control of industry through the medium of trade-related guilds "in an implied contractual relationship with the public". It originated in the United Kingdom and was at its most influential in the first quarter of the 20th century. It was strongly associated with G. D. H. Cole and influenced by the ideas of William Morris.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of guild socialism in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of guild socialism in Pythagorean Numerology is: 9
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"guild socialism." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/guild+socialism>.
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