Socialism is an economic system in which major industries are owned by workers rather than by private businesses. It is different from capitalism, where private actors, like business owners and shareholders, can own the means of production.
Communism seeks to completely abolish private property by distributing goods based on needs. Socialism is just the workers owning the means of production.
Communism (from Latin communis, ‘common, universal’)[1][2] is a sociopolitical, philosophical, and economic ideology within the socialist movement,[1] whose goal is the creation of a communist society, a socioeconomic order centered around common ownership of the means of production, distribution, and exchange that allocates products to everyone in society based on need.
– Socialism, the workers aren’t exploited, they get all the money they make because they own the business they work for, they collectively hire and fire. Workers keep the money they make.
– Communism a social order in which the entire populace communually ‘owns’ all business and all resources are divided up as needed.
Communism is in the Socialism wheelhouse, but it’s not a necessary part of Socialism. Socialism can maintain a consumerism corporate society in theory. Also democracy and republics can be socialist as Socialism doesn’t need an authoritarian police state to make it work, just people owning their own labor.
Yeah I was under the impression that socialism was a collective redistribution of wealth, “from those that are most able to those that are most in need.” While Communism is where capital is publicly owned, like a commune, “Seize the means of production”.
Socialism is seizing the means of production alone. Communism is a ‘Socialist’ socio economic system were the means of production are owned by the state and all product and labor is divided according to needs. Socialism redistributes nothing on its own. It is simply the means of production owned by the laborers, so a trade union type of system that can exist without authoritarian police state, there are worker owned businesses in the US right now, it’s not illegal to create or operate a business this way, so it exists where people create it and favor it with or without effort from anyone else.
Socialism is an economic system in which major industries are owned by workers rather than by private businesses. It is different from capitalism, where private actors, like business owners and shareholders, can own the means of production.
ok, then what’s communism?
Communism seeks to completely abolish private property by distributing goods based on needs. Socialism is just the workers owning the means of production.
Communism (from Latin communis, ‘common, universal’)[1][2] is a sociopolitical, philosophical, and economic ideology within the socialist movement,[1] whose goal is the creation of a communist society, a socioeconomic order centered around common ownership of the means of production, distribution, and exchange that allocates products to everyone in society based on need.
– Socialism, the workers aren’t exploited, they get all the money they make because they own the business they work for, they collectively hire and fire. Workers keep the money they make.
– Communism a social order in which the entire populace communually ‘owns’ all business and all resources are divided up as needed.
Communism is in the Socialism wheelhouse, but it’s not a necessary part of Socialism. Socialism can maintain a consumerism corporate society in theory. Also democracy and republics can be socialist as Socialism doesn’t need an authoritarian police state to make it work, just people owning their own labor.
Yeah I was under the impression that socialism was a collective redistribution of wealth, “from those that are most able to those that are most in need.” While Communism is where capital is publicly owned, like a commune, “Seize the means of production”.
Socialism is seizing the means of production alone. Communism is a ‘Socialist’ socio economic system were the means of production are owned by the state and all product and labor is divided according to needs. Socialism redistributes nothing on its own. It is simply the means of production owned by the laborers, so a trade union type of system that can exist without authoritarian police state, there are worker owned businesses in the US right now, it’s not illegal to create or operate a business this way, so it exists where people create it and favor it with or without effort from anyone else.
It’s when you don’t shave or bathe and spend all your time wearing army-surplus jackets in coffee shops trying to pick up hippy chicks.
Sign me up!