socialism

/ˈsoʊʃəˌlɪzəm/

a political theory advocating state ownership of industry

Chinese meaning: 社会主义

Socialism advocates for collective ownership of the means of production.

社会主义主张生产资料集体所有制。

The country adopted socialism after a long period of political debate.

经过长期政治辩论后，该国采纳了社会主义。