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Translate "socialism" into German (Deutsch)

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socialism — Sozialismus (German / Deutsch)
Bezeichnet ein breites Spektrum von Lehrmeinungen und politischen Bewegungen, die ein sozioökonomisches System anstreben, in welchem Eigentum und die Verteilung von Wohlstand der sozialen Kontrolle unterliegen.

The original English definition:

socialism (English)
Refers to a broad array of doctrines or political movements that envisage a socio-economic system in which property and the distribution of wealth are subject to social control.

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