Guild socialism is a political movement advocating workers' control of industry through the medium of trade-related guilds"in an implied contractual relationship with the public". It originated in the United Kingdom and was at its most influential in the first quarter of the 20th century. It was strongly associated with G. D. H. Cole and influenced by the ideas of William Morris.
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Famous quotes containing the word socialism:
“Successful socialism depends on the perfectibility of man. Unless all, or nearly all, men are high-minded and clear-sighted, it is bound to be a rotten failure in any but a physical sense. Even through it is altruism, socialism means materialism. You can guarantee the things of the body to every one, but you cannot guarantee the things of the spirit to every one; you can guarantee only that the opportunity to seek them shall not be denied to any one who chooses to seek them.”
—Katharine Fullerton Gerould (1879–1944)