I kept the title short and to he point, so you won't complain, but the question comes now: I've become more and more interested in politics, and there are three branches of politics and philosophy I've been trying to ask about, but everyone I know are either clueless or biased. The three branches are communism, socialism and capitalism. What I'm asking for is a short summary on the basic principle. Try to be as unbiased as possible and don't flame. I don't want any explanations that degrades or upgrades one o more forms of these philosophies. I'm not here for debate, I'm here to learn from the wise men (or women!) of the Escapist.
Oh, and one thing someone I know who is capitalist described it as was: Socialism is that the individual owes his money to the state, communism is that the money belongs to the state and should be handed out to the people equally, and capitalism is that you get your money and nobody takes it from you.
Oh, and one thing someone I know who is capitalist described it as was: Socialism is that the individual owes his money to the state, communism is that the money belongs to the state and should be handed out to the people equally, and capitalism is that you get your money and nobody takes it from you.