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"socialized" is a correct and usable word in written English
You can use it as an adjective to describe a system of government or other organization that is managed by the state or is based on collective ownership, such as, "The local economy is run on a socialized basis."
Dictionary
socialized
verb
Past of socialize
synonyms
Exact(60)
These theories are: (1) the socialized actor theory, (2) the social identity theory, and (3) the rational choice model of conformity.
They find their choices frustrated by certain limiting social and personal conditions such as aptitude, ability, socialized leisure tastes, knowledge of available activities, and accessibility of activities.
Women's preferences may reflect the effects of socialization or incentives: for example women may be socialized to prefer stereotypically female roles, or the rewards associated with such roles for women may provide motivation for women to take them up.
Attention to the influence of gender implies a recognition that philosophy is embedded in social structures and practices, so feminist philosophers tend to use "naturalized" or "socialized" methods to explain the "located" or "situated" character of the subject who does philosophy as well as the objects of philosophical reflection.
"Obamacare is socialized medicine that threatens the quality of our healthcare and worse, the foundations of our republic".
Many men have been socialized to think that talking about your emotions or displaying your emotions publicly is 'weak'weak
I barely even socialized.
In the first half of the 20th century, many countries of Europe socialized basic sectors of their economies.
Taking away from Mitanni parts of northeastern Mesopotamia, Ashur-uballiṭ now called himself "Great King" and socialized with the king of Egypt on equal terms, arousing the indignation of the king of Babylonia.
Nevertheless, over the next few days the two groups socialized without incident.
The Canaan dogs are hardy, intelligent, and trainable and must be well socialized.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com