Com·mu·nism (noun)
– a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
–  doctrine based on revolutionary Marxian socialism and Marxism-Leninism that was the official ideology of the U.S.S.R.
– a totalitarian system of government in which a single authoritarian party controls state-owned means of production
–  a final stage of society in Marxist theory in which the state has withered away and economic goods are distributed equitably
– communist systems collectively eliminating of private property

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Socialism (noun)
– a political and economic theory (policy or practice) of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
– (in Marxist theory) a transitional social state between the overthrow of capitalism and the realization of communism.

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