Communism is defined as an International theory or system of social organization based on the holding of all property in common, with actual ownership ascribed to the community or state. Rejection of free markets and extreme distrust of Capitalism in any form(2). While Socialism is defined as, A theory or system of social organization based on the holding of most property in common, with actual ownership ascribed to the workers(2).
Socialism and Communism are often used interchangeably because communism …show more content…
Here is where the two differ. Common/ working people in a socialist state are the agent of change. Change by the State on behalf of workers is generally slower due to gradual progress brought on by social change. Where as in a Communist-state, Government is the agent of change and depending on the government, change is generally quicker. In terms of socialism, many view it as the first step to a communistic society because once the citizens gain power, for the sake of true equality, more control would be