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

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Cowbee@lemmy.ml ⁨2⁩ ⁨days⁩ ago

Socialism is a mode of production and distribution where the working classes control the state, and public ownership is the principal (rising and dominant) aspect of the economy. Communism is a post-socialist mode of production and distribution where the entire economy is collectivized and planned, and there is no longer a state, class, or money. See Cheng Enfu’s diagram:

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