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Monday, February 11, 2019

Understanding Socialism, Communism & Fascism in Simple Terms

Lately there's so many political terms thrown about..  words likes socialism, communism, fascism.. and it can be very difficult to understand in normal everyday person terms what all these 25-cent words mean

So as concise and understandable as possible, we will try to explain the 3 terms mentioned above so for those who may feel a bit confused, hopefully you won't be afterward

Before we start, if you feel you know all these terms, then you can skip reading this post..  We know not everyone does understand especially since so many use the terms interchangeably

The best way to start is to explain in a clear way an 'ism' not mentioned above - capitalism so you can compare our current economic system to the others..
Capitalism is an economic system that revolves around the ability of an individual, group or corporation to make as much money as one can possibly make without government interference outside of paying taxes and in the case of a business, abiding by basic laws like equal opportunity hiring, etc

But for the most part if you can make a billion-zillion dollars through a salary or creating a product, service or idea, the government is not going to control your ability, suffocate your incentive or cap how much you may earn

In capitalism, the government taxes people on a sliding scale based on how much they earn but especially in modern times, the goal is for every person to keep as much of what they earn as possible while still funding safety nets like welfare, disability, etc
Now in socialism, one does not have private ownership; everything is owned by the community at large meaning the value made belongs to everyone in that society

There are two ways socialists think of the way society can own the means of making wealth: either the state (government of the country) is used or worker-owned cooperatives are used.

Socialists believe that management and sharing are supposed to be based on public interests and it does not matter if you create something or work harder than another, you are to receive no greater benefit than others who did less or nothing

The more you make, the more you are taxed so you end up keeping the same amount as someone at the bottom rung and to them
Now Communism is a very similar to Socialism but there are subtle differences.

With Communism, society would be based on the common ownership of the means of production and would lack social classes, money and status over one another

The goal of communism more than socialism is to create a stateless, classless society and Communist thinkers believe this can happen if the people take away the power of the bourgeoisie (the ruling class, who own the means of production) and establish worker control of the means of production.

Those who create or work harder than another are not to be rewarded in any way for it more so than those who did little or nothing in the process

Individuality is to be stomped out and all thoughts economically, socially and politically are for the greater good and obedience to the Communist state.
Last we come to Fascism..  this is a form of government which is a type of one-party dictatorship.

Fascists are against democracy and work for a totalitarian one-party state with the aim to prepare the nation for armed conflict especially to respond to economic difficulties.

Fascism puts nation and often race above the individual but it does not always necessarily mean Nazi-like extremes of murder and genocide.

Economically speaking, fascism is where the state owns the business, not the individual thus having day to day controls of everything from small shops to large corporations and put caps on profit as it sees fit

In a fascist dictatorship the individual citizen has no guaranteed rights. If you say the wrong thing or oppose the wrong person, you can be arrested or killed without a fair trial
So you're probably asking, what is the difference between fascism versus communism

Fascist governments are different from Communist ones in that fascists, in theory, support the right of labor representatives and corporate representatives (CEOs, company presidents, etc.) to negotiate - through a system called corporatism.

Fascists usually work closely with corporations and economic elites, and use the resources to build up the military and other parts of the fascist state. Fascist states take over schools and other parts of civil society in order to promote nationalism and propaganda.

Communism, on the other hand is viewed as totalitarian in the sense that it calls for complete economic control and ownership of the economy by the people, in common.
We hope this explanation helps you understand a little better the differences

The one thing we will say definitively is of all the economic systems in the world, capitalism even with its faults is by far the best economic system in the world because it presents opportunities for an individual to succeed and prosper which the other forms seek to destroy.

There's no guarantees one will be a multi-millionaire and live in a mansion but if one acquires education, works hard and is committed, one stands an excellent chance at a higher quality of life than one would where government takes from one to give to another so everyone is equally poor and unmotivated.