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The simplest definition for socialism is this: democratic workers' ownership and management of the means of production. Notice, that this does not imply a state. The comparison between communism and socialism is an erroneous one, as communism refers to a theoretical future society - a classless, stateless society in which the economy and society is run generally of the line of "From each according to their ability, to each according their need , and socialism to an economic system
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