guild socialism

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:
1910–15

guild socialist, noun
guild-so·cial·is·tic, adjective
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World English Dictionary
guild socialism
 
n
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
 
guild socialist
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
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00:10
Guild socialism is always a great word to know.
So is callithumpian. Does it mean:
a stew of meat, vegetables, potatoes, etc.
a children's mummer's parade, as on the Fourth of July, with prizes for the best costumes.
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