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One approach to this could be:

Socialism:

You have two cows: And give one of them to the neighbour.

Communism:

You have two cows: Government take both of them and give you milk.

Fascism:

You have two cows: Government take both of them and sell the milk.

Nazism:

You have two cows: Government take both of them and then shoots you.

Bureaucracy:

You have two cows: Government take both, shoot one, milk the other and pour the milk out.

Capitalism:

You have two cows: You sell one of them and buy a bull.

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Q: How do you explain different forms of government in a humorous way?
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