guild socialism

NOUN /ɡɪld_'soʊʃə,lɪzəm/
15 LETTERS · 3 SYLLABLES · STARTS WITH G

guild socialism is a valid 15-letter word worth 20 points in Scrabble and 26 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
G2U1I1L1D2S1O1C3I1A1L1I1S1M3
2 + 1 + 1 + 1 + 2 + 0 + 1 + 1 + 3 + 1 + 1 + 1 + 1 + 1 + 3 =20 PTS
DOUBLE WORD → 40TRIPLE WORD → 60
MEANING

What does guild socialism mean?

NOUN · 1 SENSE
1

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

BROADER