So"cial*ism (?), n. [Cf. F.
socialisme.] A theory or system of social reform which
contemplates a complete reconstruction of society, with a more just
and equitable distribution of property and labor. In popular usage,
the term is often employed to indicate any lawless, revolutionary
social scheme. See Communism, Fourierism, Saint-
Simonianism, forms of socialism.
[Socialism] was first applied in England to
Owen's theory of social reconstruction, and in France to those also of
St. Simon and Fourier . . . The word, however, is used with a great
variety of meaning, . . . even by economists and learned critics. The
general tendency is to regard as socialistic any interference
undertaken by society on behalf of the poor, . . . radical social
reform which disturbs the present system of private property . . . The
tendency of the present socialism is more and more to ally
itself with the most advanced democracy.
Encyc.
Brit.
We certainly want a true history of socialism,
meaning by that a history of every systematic attempt to provide a new
social existence for the mass of the workers.
F.
Harrison.Socialism, n. -- Socialism of
the chair [G. katheder socialismus], a term
applied about 1872, at first in ridicule, to a group of German
political economists who advocated state aid for the betterment of the
working classes.