Socialism is a mode of production where public ownership is the principle aspect of the economy and the working classes in control of the state, and communism is a post-socialist, fully collectivized mode of production and distribution. Socialism has existed in the USSR, PRC, Cuba, etc. while communism has not yet been reached.
Socialism is a mode of production where public ownership is the principle aspect of the economy and the working classes in control of the state, and communism is a post-socialist, fully collectivized mode of production and distribution. Socialism has existed in the USSR, PRC, Cuba, etc. while communism has not yet been reached.