communism:
Production output is divided equally among the individuals exclusive of society benefit.
socialism:
Production output is allocated for the greatest good of the entire society exclusive of the individual benefit.
Socialism is the superior economic system but due to human nature it cannot be implemented and therefore regulated capitalism supersedes it.
2006-11-16 11:03:53
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answer #1
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answered by Genuis by Design 3
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What is the difference between socialism and communism?
Socialism and communism are alike in that both are political systems based on a "public" ownership of wealth, rather than private individuals. Therefore you can't own a car or a house. Such items are owned by everybody.
Socialism is regarded as a temporary stage of transition between Capitalism and Communism.
The easiest way to understand them is:
Socialism = From each according to his//her ability, to each according to his/her deeds. Everyone works to the best of their ability and receive a "wage" based on that work. However it is also designed to prevent the likes of Bill Gates gaining so much money.
Communism = From each according to his/her ability, to each according to his/her needs. People are paid according to their needs rather than how hard or how long they work.
The main problem is that countries which claim to be communist or socialist aren't really. Their Governments tend to take from everybody and give very little back in return, and those in power enjoy all the trappings of wealth that they deny others. And of course criticizing Capitalist countries such as the USA are mandatory for the leaders of such countries.
2006-11-16 11:08:35
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answer #2
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answered by jonmorritt 4
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I wish i could give you a better answer but i have limited time, communism is totalitarian and has a one party system where the state owns all property, socialism is democratic, and the state only owns the major industries, at least in democratic socialism, either way they produce social equality, but the standard of living is way below capatalist countries, not to mention that both systems eliminate economic elites, but create major political elites.
2006-11-16 10:54:21
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answer #3
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answered by asmith1022_2006 5
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Communism is the economic system wherein all persons are equal under the law with the same work load and compensation by receiving only what they need in life. Socialism is the cultural concept that people are treated equitably and enjoy the same status with no rich and no poor among them. Communism is more of political and economic concept while socialism is concerned with society and culture.
2006-11-16 10:50:04
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answer #4
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answered by FRAGINAL, JTM 7
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It is not an easy question to answer. Read Karl Marx 'Das Kapital' to understand communism (the origins of), and read John Stuart Mill or research Robert Owen to understand socialism.
One very simplistic answer (but it's not that simple) is that socialism relies more on the philanthropy of employers, or changing society without revolution whereas communism is a system that usually has to be imposed on a subject people by government.
2006-11-16 10:49:17
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answer #5
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answered by Phil Ossofer 3
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Communism is an extreme form of socialism. Canadian provinces and European countries have had socialist governments but they still allowed state ownership and regulation to co-exist with private enterprise. Most of the true communist countries in the world (not hypocrites like China which call themselves community but love capitalism) do not allow for such a mixed economy.
2006-11-16 10:49:24
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answer #6
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answered by Dunrobin 6
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Communism is a political government type whereas Socialism is more of an economic policy. For example, We are Democratic instead of Communist (or government) and or economy is based upon Capitalism verses Socialism.
You can have a Democratic country with a Socialist economy. (Scandanavian countries come to mind, for example). You can also have a Communist governmnet with {at least a resemblance of} Capitalism. (China)
2006-11-16 11:05:44
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answer #7
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answered by Anonymous
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Socialism and capitalism can co-exist together in a nation of freedom and values.
Communistic nations are dictatorships which do not provide the people with freedoms and do not allow people to have any self-worth or will to work whatsoever, aside from the fact that if they do not work they might be murdered by their own government.
2006-11-16 10:50:59
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answer #8
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answered by Anonymous
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Communism has a complete planned economy. Socialism has some capitalism but taxes more to support social programs to help their citizens.
2006-11-16 10:47:41
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answer #9
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answered by Anonymous
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well, while both are very similar in definition... it seems in application nations that are called "communist" are really just dictatorships with a "nice" name attached to them...
so perceptions of communism and socialism have shifted from their actual dictionary definition for many...
what many consider socialism is working quite well in several European countries hand in hand with democracy... so it is quite different than what most think of when they think of communism...
2006-11-16 10:48:24
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answer #10
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answered by Anonymous
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