The form of government where the principal means of production are owned by the government is known as socialism. In a socialist system, the government typically controls key industries and resources, aiming to promote equality and distribute wealth more evenly among the population. An example of this is Cuba, where the state owns and operates most of the economy, including healthcare and education.
communism is a form of government where the principal means of production are Owen by the government
A Communist Economy. ------ Socialism
Communism is one chief example where production is a ward of the state. In this system the means to production and national resources are communal rather than private property.
command
That would be state capitalism, with the government owning the means of production. In Socialism, there is no exchange, and the whole community owns the means of production.
State capitalism.
Socialism
Socialism
one of them is that workers should control the means of production.
The Interstate Commerce act has nothing to do with socialism. Socialism has to do with ownership of the means of production and distribution, which means how the surplus value generated by the means of production is used. It is an example of government interventionism in a market-based economy. It did not attempt to change the method of ownership and allocation of surplus value in the railroad industry, nor did it attempt to introduce worker self-management.
COMMUNISM
communism