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Difference Between Communism and Socialism

Communism vs Socialism

It is true that communism and socialism have similarities and differences as well between them. It is interesting to know that both socialism and communism are collections of ideological principles.

One of the basic differences between socialism and communism is regarding their nature. Socialism has a lot to do with the economic system whereas communism has a lot to do with the political system.

Socialism aims at collective social control, whereas communism aims at classlessness. Both of them are conceptual towards economic growth. Socialism believes in the management of economy by means of planned social control. Communism too believes in the management of economy not by means of planned social control but by means of the involvement of centralized organizations to bring about statelessness.

Socialism believes in the distribution of goods to people based on hard work, whereas communism believes in the distribution of goods and services based on the needs of the people.

Although both socialism and communism aim at bring about classless society, their methods of approach are different. Communism believes in bringing about classless society by putting an end to capitalism and private ownership. Socialism believes in bringing about classless society by means of capitalism and private ownership too.

One of the main differences between socialism and communism is their method of economic control. Socialists believe that economic control can be brought about by the involvement of as many people as possible in the set up. Communists on the contrary do not believe in the involvement of as many people as possible in the set up to bring about economic control. In fact they believe in the phenomenon of concentration on small groups of people.

Recap:

  • The difference between socialism and communism:
  • Socialism has a lot to do with the economic system, whereas communism in addition to economic system would concentrate more on the political system as well.
  • Communism believes that the removal capitalism is the way to achieve classless society. Socialism on the contrary believes that class society can be brought about even trough capitalists. Thus socialism believes in the involvement of as many people as possible to bring about economic control.


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