More simply, socialism is about indirect redistribution of wealth through taxes paying for social programs that benefit everyone. Communism seeks literal redistribution of wealth to maintain equal economic status for all.
Socialism might also seek the direct redistribution of wealth via wealth taxes.
The difference is primarily in collecting wealth via taxes after the fact, rather than having a central body try and actively redistribute everything before payment.
More simply, socialism is about indirect redistribution of wealth through taxes paying for social programs that benefit everyone. Communism seeks literal redistribution of wealth to maintain equal economic status for all.
Socialism might also seek the direct redistribution of wealth via wealth taxes.
The difference is primarily in collecting wealth via taxes after the fact, rather than having a central body try and actively redistribute everything before payment.
Glad I learned something today. I didn’t know the difference until now. Thanks.
Just FYI, the 2 parent comments are completely wrong and you shouldn’t remember these definitions.
Socialism = means of production are owned by society, but classes still exist (the working class rules over the former bourgeoisie)
When that process is finished and classes and contradictions that lead to them have been completely abolished, that’s communism.
Which is the same society that Anarchists want to achieve, the only difference is that Anarchists don’t have a coherent plan on how to get there.