guild socialism

1. 1.

   a form of socialist theory advocating state ownership of industry but managements by guilds of workers

   Broadersocialism

Questions about guild socialism

What does guild socialism mean?

guild socialism means "a form of socialist theory advocating state ownership of industry but managements by guilds of workers".

Is guild socialism a common word?

guild socialism is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.