-
A form of socialism, esp. advocated in Germany, which, while retaining the right of private property and the institution of the family and other features of the present form of the state, would intervene by various measures intended to give or maintain equality of opportunity, as compulsory state insurance, old-age pensions, etc., answering closely to socialism of the chair.
Gnu Collaboartive International Dictionary of English: licensed under The Code Project Open License (CPOL)