Neither, as Communism means a classless stateless society based on production for use, with no rulers or money or prices. So no economy and no politics either.
It is both
both......
No, socialism is an economic system with specific economic models. It is not as much a political ideal as it is an economic system intended to lead to certain social outcomes.
PMPES is short for Post Modernism Political Economic Socialism.
Only as a political and economic theory of social organisation
Democratic socialism, defined as a political movement that seeks to create a post-capitalist economy based on market socialism or economic planning, does not exist as a major political force in Canada.
These are examples of economic and political ideologies.
Socialism
Socialism and nationalism
they are used to represent both political and economic ideas
they are used to represent both political and economic ideas --Shelby :)
They represent ideas about both political and economic systems.
Socialism is an economic system characterized by social ownership or control of the means of production and cooperative management of the economy, and a political philosophy advocating such a system.
socialism