this post was submitted on 30 Jan 2024
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[โ€“] ultra@feddit.ro 1 points 9 months ago (1 children)

Choosing the first options is communism, right?

[โ€“] Cowbee@lemmy.ml 3 points 9 months ago

Collective ownership of the Means of Production is Socialism, generally. Communism is the specific Stateless, Classless, Moneyless society built on the foundations of Collective Ownership along Marxian analysis, but you can have Collective ownership in, say, Syndicalism, Anarchism, Market Socialism, Democratic Socialism, etc.