this post was submitted on 18 Jul 2025
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[โ€“] Geodad@lemmy.world -4 points 3 months ago (1 children)

Communism is the government owning the means of production. Socialism is the people owning the means.

[โ€“] Cowbee@lemmy.ml 6 points 3 months ago

Socialism is a mode of production where public ownership is the principle aspect of the economy. Communism is a post-socialist mode of production where all of production has been collectivized globally, the commodity form fully abolished, etc.