Base and Superstructure
Capitalism
The economic and political system where a country's trade and industry are controlled by private owners, the bourgeoisie, for profit, from the proletariat, the working class. |
Socialism
The socioeconomic and political system where a country's trade and industry are co-cooperatively owned by the state and people, private property exists, but profits benefit the whole. |
Communism
This socio-economic system is not Marxism, but rather a revolutionary form of Socialism, where the people own the means of production, property and class distinction is eliminated. "From each according to his ability, to each according to his need." |