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Encyclopedia Britannica



COLLECTIVISM

This article appears in Volume V06, Page 686 of the Encyclopedia Britannica.

Encyclopedia Britannica - Main :: CLI-COM
COLLECTIVISM , a
term
  used to denote the economic principle of the ownership by a community of all the means of productionin
order
  to secure to the
people
  collectively an equitable
distribution
  of the produce of their associated labour. Though often used in a narrow sense to
express
  the economic basis of
Socialism
 , the latter
term
  is so generally employed in the same sense that collectivism is best discussed in connexion with it
(see
SOCIALISM
 ).


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