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Yes
Maybe a bit. You could say communism is an extreme form of socialism.

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Wiki User

9y ago
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paulbenn

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2y ago

They are the same.

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Shaun Lehner

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2y ago
awsum ty!
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Velda Stokes

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2y ago
im not sure this is right...

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Q: Is socialism related to communism
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Is socialism is the same as communism?

Yes: both words describe a moneyless classless stateless society based on production for use.


Similarities between communism and socialism?

Social classes disappear.Everyone's basic needs are met.The government withers away.


Can there be a middle economic way between capitalism and communism or capitalism and socialism?

No. Capitalism means a tiny class of capitalists own the means of production, most people have to work for wages, and production takes place for sale at a profit. Socialism and Communism are the same: the means of production belong to everyone and production takes place to meet human need.


Effects of socialism in South Africa politics?

what are the positive effects of socialism in south Africa politics


What are the similarities between socialism and democracy?

All three are economic systems, or modes of production. More broadly they can be described as socioeconomic systems, although the term "Communism" with a big C has been used to refer to countries run by Communist parties in the 20th century and thus to a form of government rather than an economic system. Ownership: Capitalism is based on private ownership, Socialism on co-operative ownership, and Communism on common ownership (or open-access, i.e; non-ownership and is thus more distinct than the other two). Socialism is based on the principle of "to each according to his contribution", whereas capitalism is also nominally based on that principle along with the idea that one should be rewarded based on how much capital one holds. Communism is more radically different from socialism and capitalism by being based on "to each according to his need", which basically means free-access in a hypothetical post-scarcity economy. Capitalism is based on markets, money (value), and the state. Socialism might be based on markets or planning, replaces money (value) with labour credits or another measure of value, and retains the state. In contrast, Communism is a post-market, moneyless, stateless and classless hypothetical society. Socialism and capitalism are a lot more similar to each other than either are to Communism because communism is postulated on a hypothetical economic state of post-scarcity.

Related questions

Is closely related to?

socialism, communism


Was communism or socialism first?

It was from Socialism that Communism was born.


What countries have all communism capitalism and socialism?

Which countries that are under communism , socialism and capitalism


What is true A socialism developed from communism B capitalism developed from communism C communism developed from socialism D socialism developed from capital?

The true statement is, Socialism Developed From Sommunism, it's A. (By Solomon Zelman)


What types of economic systems exist throughout the world today?

capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy


What is a synonym for communism?

Communism and Socialism are the same: a classless stateless society based on production for use).


Can socialism or communism exist in a democratic government system?

Socialism/Communism imply the abolition of government and the establishment of a classless society where there is a true democracy.


Use socialism and communism in a sentence?

It's quite silly to compare socialism or communism with capitalism without comparing them to each other.


What part of communism but not socialism?

Dictatorship.


What philosopher described socialism as a transitional stage between capitalism and communism?

Marx did not see Socialism as a transitional stage to Communism. In one text he distinguished two stages of Communism, but he did not label the first stage as Socialism.


What are the common goals and failures of socialism and communism?

Socialism and communism are alike in that both are systems of production for use based on public ownership of the means of production and centralized planning. Socialism grows directly out of capitalism; it is the first form of the new society. Communism is a further development or "higher stage" of socialism


Communism vs socialism?

Completely unrelated. Communism is an economic form. Terrorism has quite a few definitions, but none of them are economic. I would say that terrorism is a tactical doctrine. There is no comparison between these two concepts. Terrorism is nothing only used to stike fear communism is econamic who ever said communism Vs terrorism knows nothing