• Honytawk@lemmy.zip
    ·
    1 year ago

    Capitalism is where everything is owned by an individual

    Socialism is where only the means of production are owned by the state, but the individual still has private properties

    Communism is where everything is owned by the state

    • spectre [he/him]
      ·
      edit-2
      1 year ago

      This is not correct, I encourage you to do some more reading about how coats are made if you'd like to understand this better.

    • Egon
      ·
      edit-2
      4 months ago

      deleted by creator