a form of socialism that abolishes private ownership
source: WordNet 3.0
a political theory favoring collectivism in a classless society
source: WordNet 3.0
A scheme of equalizing the social conditions of life; specifically, a scheme which contemplates the abolition of inequalities in the possession of property, as by distributing all wealth equally to all, or by holding all wealth in common for the equal use and advantage of all.
