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Socialism, Communism, Marxism; What's the Difference?

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Jan 2, 2025
Dive into the intriguing distinctions among socialism, communism, and Marxism. Discover how socialism emphasizes state ownership, while communism advocates for communal ownership. Gain insights into various forms of socialism and their connections to Marxist ideology. The exploration also touches on related concepts like Fabian Socialism and Fascism, enriching your understanding of these influential political theories.
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INSIGHT

Socialism Defined

  • Socialism is when the state owns the means of production and engages in resource redistribution.
  • Equity, or "actual equality," is the goal, aiming for economic and socio-cultural equality.
INSIGHT

Communism Defined

  • Communism is different; the people own the means of production, operating like one big family.
  • There is no private property, and ideally, no state, as it 'withers away' naturally.
INSIGHT

Marxism's Role

  • Marxism explains the relationship between socialism and communism and posits humans are inherently socialist.
  • It views capitalism as a 'fall' from this true nature due to private property.
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