Socialism allows for both public and private ownership, individual freedoms, and democratic decision-making, while still aiming for social equality. Communism, in contrast, tends to involve total state control and often limits personal freedoms.

[–] Cowbee@lemmy.ml 12 points 4 days ago* (last edited 4 days ago)

Both Capitalism and Socialism have room for public and private ownership, the difference is which sector controls the state, large firms, and key industries. The Nordic Countries are dominated by Private Capital, ie it is Capitalist, while the PRC is dominated by Public Ownership, ie it is Socialist.

Communism limits the personal freedoms of the bourgeoisie. All Communism is, is a more developed and global form of Socialism, where the small firms that once were private have all grown into the public sector or collapsed.

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[–] Mark12870@lemmy.world 1 points 2 days ago (2 children)

It is terrible to see so many comments here celebrating communism. Communists were ruining our country (Czechia) for over 40 years and led it to economical collapse. When we tried to reform the regime in 1968, the Russians invaded to stop it. Communism doesn't really work, and it has already been proven.

Also, I have to say the country worked in a bizzare way. The government robbed everyone of their property, so in return, people were stealing from public supplies.

So please try to study something first about communism in Eastern Europe before you start to celebrare this regime.

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