Wednesday, March 28, 2012

Socialism vs. Communism

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One of the main differences between socialism and communism is as follows.  "As an economic system, socialism seeks to manage the economy through deliberate and collective social control. Communism, however, seeks to manage both the economy and the society by ensuring that property is owned collectively and that control over the distribution of resources is centralized to achieve both classlessness and statelessness."  For more information click here.

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