Socialism Vs Fascism

Socialism is the doctrine that man has no right to exist for his own sake, that his life and his work do not belong to him, but belong to society, that the only justification of his existence is his service to society, and that society may dispose of him in any way it pleases for the sake of whatever it deems to be its own tribal, collective good. ~ Ayn Rand

Fascism is capitalism in decay. ~ Vladimir Lenin

Are socialism and fascism different from each other? I would say that they have some differences and some similarities. I cannot take a judgment on this, so let's have a brief discussion on this topic on socialism vs fascism.

Socialism and Fascism

Socialism is defined as a set of various theories or systems of the ownership and operation of the means of production and distribution by society or community rather than by private individuals, with all members of society sharing in the work and products. It means that everyone works for the greater good.

Fascism is described as a system of government characterized by rigid one party dictatorship, a forcible suppression of opposition, all private economic enterprises should be under government control, aggressive nationalism, racism and militarism.

Difference Between Fascism and Socialism

Fascism

• Fascism is an extremist ideology. It believes in a super patriotic and dictatorial single party state. People who believe in fascism are known as fascists.
• Fascists believe in a concept that states a nation or people can only prosper if they are constantly fighting with other nations or its own people. The weak are killed and the strong live ahead.
• Their governments are dictatorial. There is no right for free speech and opposition against the government is a strict no no.
• Nowadays, people have made fascism an adjective, which they used to label governments which they don't like to see.
• Some of the popular fascist countries have been Germany under the rule of Adolf Hitler, Italy under Benito Mussolini, Spain under Fransisco Franco, Argentina under Peron, Chile under Pinochet and Japan under Tojo.

Socialism

• Socialism is not an ideology. It advocates theories of an economical and liberal society, where public workers directly own their properties and factories. A socialist society is a free society which gives equal access to resources through the method of equality and brotherhood.
• Socialism sounds nice, but a large number of people feel it's impractical. Human nature abolishes a practical implementation of socialism, every time it gets a chance. People have strongly objected the theory of socialism.
• Rational people often call it impractical, one of the main objectives of socialism is to solve the inequalities between people, but let's be honest, we won't allow it.
• Some popular socialist countries are the USSR, Communist China, Sweden, England, Cuba and North Korea. Socialism is also followed in some countries of Africa, as well as some in South East Asia. Recently Venezuela has also become a socialist country under the leadership of its president Hugo Chavez.

Socialism vs fascism, these two political ideas differ from each other greatly. The best way to describe them is that they are two opposite sides of the same power coin - one is on the left side and other is on the right side. This article on socialism vs fascism can be a matter of debate. In today's world, a mixture of both can be used and applied to see a successful and stable economy.