Comment on What's the difference between socialism and communism? Is there one? Or are the terms interchangeable?

HubertManne@piefed.social ⁨1⁩ ⁨week⁩ ago

so strictly speaking socialism is a central planned economy with various ideals deciding who makes the plans. Thats what most people think of with communism. Many folks now a days though will use the term to mean a social democracy which generally looks for the state to run important things that everyone needs or if more individual choice is needed then maybe subsidises it. It collects taxes and regulates but otherwise lets unimportant things be run by private groups. It looks to have a floor to peoples quality of life that it does not go below and to encourage an overall high quality of life for the populace.

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