How are marxism, socialism and communism all different?

Answer by  tamarawilhite (17883)

Marxism is democratic communism, but which could only be enforced by tyranny in the real world. Communism was the Party owning everything in the name of the people. Socialism is when government runs most large businesses, such as power providers and manufacturers, but in which private businesses and property are allowed under regulation.

Answer by  kingyippie (11)

Marxism is a theoretical political ideal. Communism is where the government owns and runs business. Socialism is where government owns business and allows private sector to run it.