The term "socialistic" refers to principles, ideologies, or systems that are related to or advocate for socialism. Socialism is a socio-economic doctrine characterized by the collective ownership or control of the means of production, distribution, and exchange within a society. It emphasizes the equitable distribution of resources and wealth among all members of society, as opposed to private ownership and the concentration of economic power in the hands of a few.
"Socialistic" can describe various aspects or elements associated with socialism, such as policies, practices, or beliefs that promote social ownership, democratic control, and the provision of public goods and services. It often implies the belief in the importance of social justice, equality, and solidarity over individual gain or profit.
The term "socialistic" can also refer to policies that promote or encourage a more significant role for the state in economic affairs. This may involve state intervention, regulation, or planning aimed at reducing economic inequalities, ensuring social welfare, and attaining common social goals.
However, the exact connotations of "socialistic" may vary based on the context and individuals using the term. It is often used to describe political parties, governments, policies, or societies that are seen as leaning or adopting socialist principles or characteristics.
Relating to or like socialism.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
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The word "socialistic" is derived from the noun "socialism" which in turn originates from the French word "socialisme". The French term was first used in the 1830s by French writer Pierre Leroux, and it gained popularity during the mid-19th century. "Socialisme" was formed by adding the suffix "-isme" (representing the quality, state, or ideology) to the earlier term "social" which emerged from Latin "socialis", meaning "of or pertaining to companionship or society". The root "social" came from the Latin word "socius" meaning "companion" or "ally". So, the etymology of "socialistic" traces back to the Latin term for companionship or societal connections.