Basic Political Terms and Ideologies

• Socialism: a transition phase between Capitalism and Communism. Commodity production is abolished, meaning that the resources would be distributed by need instead of for surplus value.


• Communism: a socio-economic system that is classless and stateless, and sometimes considered moneyless. Resources are distributed based on ability and need. The means of production are owned by everyone/the workers (Proletariat) instead of by the ruling class (Bourgeoisie)


• Capitalism: an economic system in which the means of production are owned by the ruling Capitalist class/Bourgeoisie. Capital is money that is invested to make more money-to buy means or production & pay/underpay workers/Proletariat.


• Anarchism: a political philosophy/movement that advocates to replace hierarchies/abolish authority, opting for stateless societies and voluntary free associations. Historically it is grouped between Social Anarchism and Individualist Anarchism.