COLLECTIVISM

collectivism

(noun) a political theory that the people should own the means of production

Bolshevism, collectivism, sovietism

(noun) Soviet communism

Source: WordNet® 3.1

Etymology

Noun

collectivism (countable and uncountable, plural collectivisms)

An economic system in which the means of production and distribution are owned and controlled by the people collectively

The practice or principle of giving a group priority over each individual in it.

Antonyms

• individualism

Source: Wiktionary

Col*lect"iv*ism, n. Etym: [Cf. F. collectivisme.] (Polit. Econ.)

Definition: The doctrine that land and capital should be owned by society collectively or as a whole; communism. W. G. Summer.

Source: Webster’s Unabridged Dictionary 1913 Edition

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