Definitions
March 11, 2008
Socialism: Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy. Free Dictionary
Communism : It is a socioeconomic structure that promotes the establishment of a classless, stateless society based on common ownership of the means of production. It is usually considered a branch of the broader socialist movement. Wikipedia
