What Is The Difference Between Socialism And Communism

Under socialism all citizens share equally in economic resources as allocated by a democratically elected government.

Russia gave communism a bad name when it reigned as the ussr. In communism a violent revolution in which the workers rise up against the middle and upper classes is seen as. The main difference is that under communism most property and economic resources are owned and controlled by the state rather than individual citizens. As an ideology communism is generally regarded as hard left making fewer concessions to market capitalism and electoral democracy than do most forms of socialism.

Both are production systems that focus on centralized planning and the use of public property as a means of production. The main difference between these two systems is that socialism focuses especially on the economic aspect whereas communism is more related to the political system. It is less extreme and more flexible than communism. As a system of government.

Socialism is sometimes used interchangeably with communism but the two philosophies have some stark differences. In both communism and socialism the people own the factors of economic production. It s similar in that it s still founded on the idea of collective cooperation but differs in that communists believe that cooperation should be run by a totalitarian government made up of one and only one government. Another key difference in socialism versus communism is the means of achieving them.