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a form of
developed in England in the 20th century, emphasizing decentralization of industry and services with
to be vested in autonomous guilds of workers.
Based on the Random House Dictionary, © Random House, Inc. 2013.
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World English Dictionary
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
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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"Consider the relationship of Hollywood and Broadway. In the twenties, the two were sharply differentiated, movies being produced for the masses of the hinterland, theatre for an upper-class New York audience. The theatre was High Culture, mostly of the Academic variety (Theatre Guild) but with some spark of Avant-garde fire (the "little" or "experimental" theatre movement). The movies were definitely Mass Culture, mostly very bad but with some leaven of Avant-gardism (Griffiths, Stroheim) and Folk Art (Chaplin and other comedians). With the sound film, Broadway and Hollywood drew closer together. Plays are now produced mainly to sell the movie rights, with many being directly financed by the film companies. The merger has standardized the theatre to such an extent that even the early Theatre Guild seems vital in retrospect, while hardly a trace of the "experimental" theatre is left. And what have the movies gained? They are more sophisticated, the acting is subtler, the sets in better taste. But they too have become standardized: they are never as awful as they often were in the old days, but they are never as good either. They are better entertainment and worse art."
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