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Cake day: June 24th, 2023

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  • Both words can have more than one meaning.

    Socialism may be among other things:

    • an economic system where the “means of production” are owned by the workers (Marxist theory as I understand it)
    • the economic and political system that was implemented in the Soviet Union and its allies (they described it as socialism)
    • social democracy, ie government regulations of the free market in order to make it more socially just

    Communism, in Marxist theory, is a future stateless moneyless classless society which Marxists claim will inevitably happen after socialism. (Nonsense, but that’s the theory.) But a lot of times the word is used, it just means the second point from above, ie the way the Soviet Union and its allies were ruled. That’s mainly because a lot of ruling parties in those countries called and still call themselves the Communist Party of (country), though others didn’t, eg the East German ruling party was called the Socialist Unity Party of Germany.