What are two views socialists held about capitalist?
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Asked in Political Theory, Socialism
What are two views socialists held about capitalists?
Asked in Oliver Cromwell
What are the two views that are generally held about Oliver Cromwell?
Asked in Economics
Compare capitalist economy with socialist economy?
What is the difference between a communist and a socialist?
Generally speaking, a Communist is a socialist who subscribes to the Leninist theories of democratic centralism, the necessity of a vanguard party (and by extension single-party rule) and the theory of imperialism. In contrast, a socialist is anyone who advocates for some form of socialism as an alternative to the existing capitalist system. This includes anarchists, democratic socialists, communists, libertarian socialists, market socialists and Syndicalists. Before the 1917 October Revolution in Russia, the two terms were generally synonymous with one another. After the revolution, socialists and social democratic parties that agreed with the politics of Leninism renamed themselves to "Communist" parties to distinguish themselves from socialists who opposed Leninism and the Russian revolution. In essence, a Communist is a type of socialist, but a socialist is not necessarily a Communist. The primary difference between the two is in their methods for achieving a socialist economy. Socialists may support either revolutionary action or reforms, but reject the Communist idea of a single-party, authoritarian Vanguard state as a means to build socialism.