Translations:Socialism/1/en

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In Marxist theory, Socialism is a system of society in which there is no private property, a system in which the means of production are owned and controlled by the state. Communism is a totalitarian system of government in which a single authoritarian party controls state-owned means of production with a professed aim of establishing a stateless society. In the final stage, the state has withered away and economic goods are distributed equally. Goods are owned in common and available to all as needed.