Source : Webster's Revised Unabridged Dictionary (1913)

Collectivism \Col*lect"iv*ism\, n. [Cf. F. collectivisme.]
   (Polit. Econ.)
   The doctrine that land and capital should be owned by society
   collectively or as a whole; communism. --W. G. Summer.

Source : WordNet®

collectivism
     n 1: Soviet communism [syn: {Bolshevism}, {sovietism}]
     2: a political theory that the people should own the means of
        production