The fascism vs socialism essay aims at comparing and contrasting the two terms. We will discuss the possible similarities and differences that exist between them. This article explains what fascism and socialism are as well as their pros and cons. The purpose of this is to ease the understanding of the two terms. Having a clear understanding of what these terms stand for is of great importance for the effective governance of nations as well as their sensitive industries and institutions. Therefore, understanding these concepts will be of significant help when it comes to decision-making with regard to running different sectors as well as government decisions in a country.
Fascism is an autocratic political movement that bases its emphasis on a centralized and nationalistic government above the interests of individuals. It also refers to a political idea or philosophy that possesses monolithic features. This implies that fascism possesses an unchanging structure that gives no room for individual variation. Nations under this system of government are regimented and are under the control of an autocratic ruler.
The belief system and ideology of fascists towards democracy state that democracy is obsolete. According to them, total mobilization of society under a single party/ totalitarian state is a necessary tool for preparing a nation for armed conflicts and for an effective response to economic difficulties. Fascists are people that advocate for a mixed economy with the aim of achieving self-sufficiency for a national economy. This is usually done through protectionist and economic interventionist economic policies.
What is a fascism
The word Fascism originated from the Italian word, “Fascio“ which means “bundle”. Based on the fascist ideology, a bundle refers to a group of people that are bound together as one. This is the case due to more emphasis on nationalism over individualism.
Historically, Benito Mussolini of Italy believed that democracy was a failed system of government, so he formed Fascism in 1915. He stated that the liberty to express views and that of parties was unreasonable. Also, he stated that fascism would make the people organized under the state. So he created the first one-party fascist state.
Fascism is authoritative and dictatorial in nature. There exist forcible suppression of opposition, strong regimentation of society, and opposition are prominently in this form of government. This political system opposed anarchism, liberalism, democracy, and marxism.
A powerful leader is in charge of a fascist government, this leader is usually a dictator. Martial law also exists, which comprises members of the fascist governing party with the aim of forging national unity and maintaining a society that is stable and orderly. This system opposes a statement that says violence is automatically negative in nature. Fascists view political violence, imperialism, and war as a way of achieving national rejuvenation.
Fascism is opposed to the model of democracy, that is, the system operates under a non-democratic principle. This system of government greatly opposes the right to vote in an election and they also look towards the removal of other political parties. This amounted to dictatorship which was the direct cause of the fascist beliefs.
State control of resources
The state takes absolute control of resources, that is factors of production. This means that the system does not usually permit private ownership and control of resources. Fascism permits the ownership of private property only if it will serve and benefit the state. In other words, if the ownership of private property will not serve the state, then the system forbids it.
The use of propaganda and mass media control
Fascism was greatly characterized by the use of propaganda. This means that under this political system, the mass media disseminate information such as facts, arguments, rumors, incomplete (half) truth, or lies with the intention of influencing public opinion. Fascists are deliberate on information manipulation. They can go to the extent of withholding certain information from the masses especially if this information will not work for the benefit of the government. Since the mass media is under the control of the government, they will only release information that stands to benefit them (present administration) rather than the masses. This constrains people from having a clear understanding of what life generally is all about.
No individual rights
Another notable characteristic of fascism is that the system denies individual rights. It confines the overall freedom of individuals. The government is more interested in things that will benefit its own administration. Here, individuals do not enjoy the freedom of speech and expression. Also, because of the fear fascist nations have for enemies, they are persuaded that individual rights can be ignored in certain instances because of needs. Fascists can look the other way round and even go to the extent of approving torture, assassinations, summary executions, imprisonment, etc.
No opposing point of view
Fascism has zero tolerance for opposition and criticism. Since a dictator is in full control, those who criticize openly oppose a dictator may face imprisonment or death sentence. The autocratic nature of this system does not give any room for the freedom of expression of feelings and public opinions. Opposition is totally absent.
Loyalty to the government above the individual
They both focus on loyalty to the government rather than the individual. In essence, they do not value individuals the way they value the government or their administration. Because of their dictatorial nature, the systems can manipulate the people to act to their own satisfaction even if it will be detrimental to the individuals. This however polarizes the people’s perspective about the world. self-fulfillment is difficult.
Single party dictatorship rule
Fascism is characterized by national supremacy. This means that the system operates under a single-party dictatorship rule. In other words, power is vested in a single hand. A one-party system exists in this system, that is, the multi-party system is absent.
Alleged equality of social status
In a political expression of the fascist right, economic problems that relate to the large wealth inequality that exists between the rich and the poor were regarded as the problems of social status and class prejudice. Instead of attacking the wealth of the upper class, fascists attacked the upper-class snobbism. Also, instead of minimizing class differences, they taught that these differences were subjective and not important.
Fascism favored military values such as courage, obedience to authority without questioning, physical strength, and discipline. Also, fascists adapted to the outward trappings of military organizations like the Roman salutes and paramilitary uniforms. Even in a case of widespread domestic problems, the military receives a disproportionate amount of government funding while neglecting the domestic agenda. Soldiers and the military service receive more glory.
Fascism can be characterized by powerful and continued nationalism. Here, they tend to constantly use mottos, slogans, symbols, songs, etc. Patriotism is usually constant in this case. Flags appear everywhere, flag symbols appear on clothing and public displays.
Identification of enemies
The people carry out rallies and a unified patriotic and wild activity. This is usually because of the need to eliminate a common threat or enemy they perceive. Such threats can include communists, socialists, liberals, terrorists, racial, ethnic, or religious minorities, etc. They are obsessed with national security. The government uses fear as a motivational tool over the masses.
Under this political system, nations tend to be almost exclusively male-dominated. The system makes traditional gender roles become more rigid. The rate of opposition to abortion is high. It also involves anti-gay legislation, homophobia, and national policy.
Intertwined religion and government
In fascist nations, the government tends to make use of the religions that are most common in the nation as tools to manipulate public opinion. Also, religious terms and languages are common for the government authorities even when the major principles of the religion are not in accordance with the government policies and actions.
Suppressed labor power
Since the organizing labor power is the only real threat to a fascist government. It is either the government eliminates labor unions entirely or severely suppresses them.
Contempt for the arts and intellectuals
Fascism tends to promote as well as tolerate open hostility towards higher education and academics. It is not rare for the government to censor or even arrest professors and other academics. The system openly attacks free expression in the arts, the government usually refuses to fund these arts.
Fascists are usually obsessed with crimes and punishment. This regime grants the police force unlimited power to enforce laws. This makes the people be willing to overlook police abuses and even let go of certain civil liberties in the name of patriotism. The national police force usually has unlimited power in fascist nations.
Cronyism and corruption
Cronyism and corruption are most rampant in fascist nations. In other words, favoritism to friends regardless of their qualifications exists. Usually, groups of friends govern fascist regimes. In turn, they appoint each other to government positions. They make use of these governmental power and authority to protect their friends and relatives from accountability. It is very common for government leaders to misappropriate and steal national resources and treasures.
In some cases, elections under fascism are completely false. Also, the manipulation of elections can take place by a widespread of campaigns against opposition candidates. They can even go to the extent of assassinating them. Fascists can make use of legislation to control the number of votes or political district boundaries as well as mass media manipulation to manipulate elections. They can also use their judiciaries to manipulate and control elections.
Although the two major examples of fascism in history involve Hitler and Mussolini, many fascist leaders existed even when this system of government was yet to be popular. Let us look at few examples below;
In Italy, Benito Mussolini let the National Fascist Party, he eventually made the country a fascist state from 1925 to 1943.
Adolf Hitler led the National Socialist German Workers’ Party (or the Nazi Party). He ruled Germany for twelve years, that is from 1933 to 1945.
In 1932, Engelbert Dollfuss was named Chancellor of Australia. He hid not have any intention of putting democracy to an end until he was convinced that fascism was necessary for the country’s future. This lasted from 1932 to 1934.
António Engelbert Dollfuss ruled for almost four decades after joining the National Union in Portugal, that is from 1932 to 1968.
From 1935 to 1945, the Rexist Party succeeded in winning many parliamentary seats under Léon Degrelle’s leadership.
Advantages of fascism
Fascism places priority on a country’s welfare, it focuses on improving a country as a whole. Governments spend their funds on improving national defenses and making sure that there are adequate weapons, trained soldiers, and armed vehicles to enable them to defend themselves against foreign invaders. Also, the government spends money on cultural improvements such as making more museums and building national landmarks. This is to help in preserving the culture of the nation and make it appear impressive to other countries.
The system aims at uniting the people by getting rid of socio-economic classes thereby creating equality amongst everyone. Because the government has full control over everyone, it can demand the rich to give away their wealth so that they can distribute them among the poor. In theory, this can amount to the dissolution of both the upper class and the lower class thereby making all individuals equal to one another.
Quick decision-making process
In a fascist government, decision-making processes are quick. Here, there is no need to go through bureaucratic hoops (involving complicated rules and procedures that are bound to cause delays). This is because a single person has control over everything. In this case, the dictator can make decisions pertaining to certain areas of government. These areas can include traffic management and crime control. When the dictator takes these decisions, the implementation of these decisions will take place right away. Because of this, it becomes easier for a country to move forward without experiencing any form of delay and enjoying the benefits of making progress and modernization.
Improves peace and order
Under a fascist government, common crimes such as theft and burglary usually have no place. The government has full control over everything, therefore, it can decree heavy penalties for these crimes. This discourages people from committing crimes and this facilitates the maintenance of peace and order in a country.
promotion of national pride
The fascist system of government led to a sense of national pride wherever it was practiced. Like the Italians, they were proud to belong to their nation. Also, in Germany, many believed that the system led to the restoration of national pride. With this, we can draw the conclusion that fascism encourages national pride.
Dissolution of social stratification
The fascist government concentrates power on a central authority. This authority is in charge of both the economic and political activities of the country. By implication, all means of production are left in the hands of the central authority. In turn, this leads to an equal distribution of resources thereby nullifying class distinction and stratification.
Disadvantages of Fascism
Abuse of power
Fascism creates an easy pathway to the abuse of power. This is because of the handing over of the control of the entire nation to one person. The implication of this is that it is dangerous. No matter the level of a person’s good intention, human nature can take over thereby causing him to feel superior to every other person. The inherent desire for having power and his ability to have it without being questioned can lure him into using his position to do things for his own self benefits rather than that of the nation. At worse, not only the dictator will abuse power but his close family, friends, and political allies will also abuse power. They can use their position to get whatever they want.
Also, dictators can use their power to abuse certain groups of people, especially those they do not like for whatever reason.
Absence of freedom of speech
This system of government prevents the masses from enjoying the freedom of speech. It does not tolerate criticism and opposition. Those who criticize and openly oppose a dictator can face imprisonment or a death sentence. In this case, human rights no longer have priority. Since the entire nation is under the dictator’s control, he can do whatever he wishes with the people who do not support him. This causes the ordinary person to be afraid of practicing free speech, they cannot express their feelings and opinions. An ordinary person is afraid because this can result in his death. Fascism is full of military and autocratic ideologies. Therefore, it does not respect any form of liberties as it tramples on human rights.
Fascism can widen the gap that exists between the rich and the poor. In theory, it can pave the way for equality since it can erase the divisions between socio-economic classes. This is basically theoretical because it does not always happen in real life. The rich can do anything they can just to retain their wealth. This can lead to these people making deals with the country’s dictator for them to stay in the upper class. The poor masses have no choice but to go by what the government wants them to do. This can prevent them from attaining a better future and further push them into poverty.
Damage to the country’s economy
In recent times, a lot of countries flourish due to the free entrance of foreign investors thereby contributing to their growth and development. It is unfortunate that this cannot happen in a fascist country. Full government control over virtually all industries can drive foreign investors away from investing and starting a business in such countries. If they do, then they will have to abide by strict rules. These investors may pay a large amount of money to obtain government permission/license to start their company.
Countries that operate under fascism may potentially end up in financial trouble. The economy can crash due to the absence of investors. Usually, such governments spend most of their funds on military defense. This leaves only a small portion of wealth for other essential projects such as healthcare, agriculture, and education.
Disregard for international law
The fascist system of government did not have any regard for international laws. The standards acceptable to the international community were violated. They even refused sanctions.
What is socialism?
Socialism is an economic system in which the government is in full ownership and control of trade and industry. In essence, it is the government that owns and controls all means of production. The economic system is after basic societal needs, it is not based on self-interest. Competition does not have a place in this system due to the focus on basic societal needs. So in essence, this system is for the good of society, everyone. A major characteristic is that the government has full control over the economy. Another name for socialism is a centrally planned economy.
Theoretically, the socialist economy is classless. Most economies are neither pure capitalists nor pure socialists. The classless economic feature of socialism is not totally fulfilled.
In essence, a pure socialist economy permits no private ownership and control of legal production. The government is in charge of all legal productions and distribution. That means the government makes all economic decisions. Even if socialism permits private ownership, individuals may possess just little property. By implication, no individual has the right to own large means of production such as companies and factories. This feature of the direct opposite of capitalism.
Socialism is a centrally planned economy, it is the government that provides answers to the basic economic problems in society. They make decisions pertaining to the prices of goods and services which they should charge.
The rule of engagement here is that all individuals receive an in their efforts or contributions according to their ability. For this reason, individuals in this economy work very hard. As the description of this economic system works for the good of everyone, the implication is that the government takes care of those that do not have the ability to contribute to economic development. This category of people includes the aged, children, disabled, less privileged, etc.
Socialism pros and cons
1. Advantages of socialism
Absence of exploitation
This economic system does not give any room for exploitation. That means the government makes sure that nobody exploits another. So each individual will receive and contribute according to their potentials/abilities. The government guarantees access to everyone’s basic needs. Those that cannot contribute especially the disabled have the privilege to enjoy this access. The good thing about it is that it is a mechanism for reducing the poverty level in an economy. Everyone enjoys equal rights to health facilities and other social welfare.
As a result of the fact that people who cannot contribute also enjoy certain access to basic needs helps to minimize poverty. In essence, minimizing poverty comes as a result of the fact that everyone is equal. So everyone has equal rights to social welfare.
Rejection of discrimination
Because everyone has equal rights, this system does not approve of any form of discrimination. Everyone can do what they are best at with higher pay for those jobs that no one is available to do but yet needs to be done.
Encourages selflessness and social welfare
This economic system is not based on selfish interest, the focus is on the needs of society. Capitalism bases on consumers’ purchasing power which makes the poor to be worse off. Socialism on the other hand works towards preventing such things from happening. Socialism tends to be selfless, carrying out products based on the people’s basic needs and necessities. In essence, the system places more priority on the people’s needs. The citizens have no cause to worry about what happens tomorrow. This factor tends to lead to an increase in productivity.
In this system, the government makes provision for a conducive working environment. This aims at reducing the risks that are peculiar to the jobs, and this also provides a comfortable working condition for them. That is, the government is responsible for any accident that occurs in the course of a job operation.
Reduced hidden taxes
Hidden taxes are those taxes on consumer goods that describes the incidence of taxation. This is a case in which firms transfer their taxes to consumers without their knowledge. More weight of the tax burden rests on the final consumer. So, a real socialist economy does not have taxes. This is because the government is in possession of everything and pays allowances to the people.
There are lots of benefits and advantages attached to social justice. This is because the system reduces inequalities thereby easing equitable distribution of national income. Everyone has the right to enjoy their own share of the national wealth and equal opportunities. This facilitates the elimination of consumer exploitation. In simple terms, equal distribution of wealth and income is present.
Rapid and balanced economic development
The centrally planned nature of this economic system makes the state make prompt plans and decisions with regard to the allocation of resources. So, the plan tends to foster efficient use and utilization of resources which helps to minimize wastage. his leads to rapid economic growth. The development of the USSR in the early years is a typical example.
We can say that the system eases balanced economic growth and development. It also means that an imbalance in focusing on development is minimal. That is, the central planners will not focus on some aspects of development while leaving others behind. So, economic growth and development in various areas are commensurate.
Minimal exploitation and class conflict
One of the major aims of socialism is to create a classless society that fosters equality for every individual. A situation in which the rich will exploit the poor does not exist in this case. No discrimination and no favoritism but this can only happen if the government is transparent. Everyone is equal in the economy. This, in turn, helps to eliminate any form of class struggles that is common in the capitalist economic system.
2. Disadvantages of socialism
When people are over-dependent on corporate pooling for things to be done is a big disadvantage. Such an economy expects everyone to be cooperating constantly without any form of competition. In this system, competitive individuals are seen as the cause of social catastrophe for their self-interests.
It kills innovation
Because competition is absent here, people do not have the incentives to be innovative. Competitors and business ventures do not have any reward for competing. This tends to amount to the production of sub-standard products.
No choices and freedom
Socialism makes no provision choices to the people in terms of the products to purchase as well as the brands like capitalism do. Due to the monopolistic nature of this system, people face coercion to buy a particular product at a particular price. Also, the system takes away people’s freedom of enterprise and free choice of occupation. The central planning committee assigns jobs to workers. With this, no worker has the right to change his job without the government’s consent.
Lack of incentives
A typical socialist economy should not have taxes levied on people. But here, higher progressive taxation tends to cause disincentives to work harder or set up businesses. In such cases, entrepreneurs have this feeling that the government is taking a high proportion of their profits. As a result of this, some people avoid risks and migrate to other countries instead. Extra efforts will not constitute an added advantage as the system kicks against individual wealth accumulation. This negatively affects the incentive to hard work and innovation.
Though the idea is that the government will succeed in regulating all sectors of the economy. Government intervention may be prone to government failure and inefficient resource allocation. For instance, the regulation of the labor market such as minimizing or maximizing the working period can lead to unemployment. This can amount to a lack of flexibility. Also, a corrupt government will only jeopardize the economy. Due to the high rate of government regulation on firms, it discourages investment and this lowers economic growth and development.
No suitable basis for calculating cost
Under capitalism, market forces (demand and supply) determine the cost of production as well as the subsequent prices of commodities. Under socialism, this is not the case. The government owns and controls everything, that is the role of an entrepreneur. This means that the means of production do not have a market price. So because of this, there is no suitable basis for calculating the cost of production as well as the price of goods and services.
Most times, people use socialism and communism interchangeably but they do not mean the same thing. The two terms are distinct from each other, not the same philosophy. The reason for this confusion is that both socialism and communism seek to establish a classless society where everyone has equal opportunities. Also, both systems have to do with the public ownership of capital or productive resources as well as the contribution based on one’s ability. These features mentioned above made the two terms look like the same thing.
Fascism vs socialism
Fascism vs socialism similarities
The fascism vs socialism similarities explains the characteristics the two systems have in common. these areas of similarities include;
- Government intervention
- Powerful ideologies
- Social movements
- Impact on the economy
Both fascism and socialism have to do with strong state involvement, that is government intervention in economic and social policies. Though the reasons for government involvement in economic and social decisions differ, their means of achieving different goals tend to be similar.
Both systems have incredibly powerful and effective ideologies. They can bring huge masses together in order to foster large social movements. With this, both systems require a strong leader and governmental apparatus to succeed.
Both fascism and socialism have the power to create social movements. They can organize sustained campaigns and movements to support social goals. They do this by implementing or preventing a change in the structure and values of society. Though social movements can vary between fascism and socialism, these movements usually take place collectively. Both systems involve the coming together of people with a common outlook on society.
Fascism is anti-capitalist likewise socialism, they both oppose the free market. The difference is that under fascism, nominal private property ownership comes in place only if it will be of benefit to the political regime. On the other hand, in socialism, the government owns and controls all means of production. The system allows individuals to own personal property but not for production.
Impact on the economy
The two systems can affect an economy both positively and negatively. It is important to curb the negative effects that either of the systems can have on the economy.
Differences between fascism and socialism
Fascism vs socialism comparison chart
The fascism vs socialism chart below summarizes the differences that exist between fascism and socialism.
|Basis for comparison||Fascism||Socialism|
|Definition||Refers to an autocratic political movement that places emphasis on a centralized-nationalistic government above individualism.||An economic system in which the government is in charge/full ownership of all means of production. The central planners carry out basic economic decisions.|
|Philosophy||The state must gain glory through constant war and conquest. The past was glorious, and that the state can experience renewal. Outside the role the individual plays in promoting the glory of the state, he is without value.||Everyone is to contribute according to his ability and to each individual according to his contribution.|
|Ideas||A union is present between businesses and the State. The state tells the business what to do and there is nominally private property ownership. Corporatism in Italy, National Socialism in Germany. Central planning of the national economy, and redistribution of wealth.||Every individual should be able to access basic articles of consumption as well as public goods to provide room for self-actualization. Large-scale industries are collective efforts and their returns must be of benefit to society as well.|
|Social structure||Believes strict/rigid class structure as necessary to prevent chaos (Italian fascists). Eliminates all class distinctions but with a superior race.||Diminished class distinctions, derivation of more status from political distinctions rather than class distinctions with some mobility.|
|Political system||A single authority of one charismatic leader. Advisers to the government generally emerge by merit rather than election. Cronyism is common.||Can coexist alongside various political systems. In most cases, most socialists agitate for participatory democracy/social democracy/parliamentary democracy.|
|Private property||Nominally permitted||Not permitted|
|Economic coordination||Nominal private ownership, state dictation of outputs and investments, planning based on projected labor instead of money.||Planned socialism is principally dependent on planning to determine production and investment decisions. Market socialism is dependent on markets for the allocation of capital to different socially-owned enterprises.|
|Ownership structure||Nominal private property ownership but with state control.||Though under socialism, the government/state owns and controls all means of production, the system still allows individuals to enjoy ownership of personal properties.|
|Religion||Nationalistic religion||Freedom of religion.|
|Economic system||National self-sufficiency, large public works, deficit spending, anti-trade union, and syndicalism. Strongly against international financial markets and usury.||Public enterprises/cooperatives own means of production. The system compensates individuals based on individual contributions. Coordination of production can take place either through economic planning or markets.|
|Free choice||The individual is meaningless.||Absent but social welfare exists.|
|Discrimination||Equality but with a superior nation.||The system considers everyone equal and enacts necessary laws to protect people from all forms of discrimination. Also, there is tight control of immigration.|
|Coexistence with democracy||No||Yes|
|View of war||War is good for the nation and therefore good for the State.||Do not support the war.|
|Distribution of wealth||Unequal redistribution of wealth.||The intention of production is to meet both societal and individual needs and the distribution of wealth takes place according to one’s ability and contribution.|
|Taxes||High taxes focused on raising funds for national defense.||High taxes focused on social welfare and services.|
Differences between fascism and socialism explained
Fascism refers to an autocratic political movement that places emphasis on a centralized-nationalistic government above individualism. A dictator is usually in power, therefore, there is no opposition or open criticism. Anyone who opposes a dictator may face imprisonment or probably a death sentence. Socialism is an economic system in which the government is in charge/full ownership of all means of production. The central planners carry out basic economic decisions.
Fascists believe that the state must gain glory through constant war and conquest. The past was glorious, and that the state can experience renewal. Outside the role the individual plays in promoting the glory of the state, he is without value. On the other hand, socialists believe that everyone is to contribute according to his ability and to each individual according to his contribution.
Fascism is authoritative in nature, it possesses actual idealism, centralized government, social Darwinism, planned economy, anti-democratic, meritocratic, extreme nationalism, militarism, racism (Nazism). Traditional and/or exaggerated gender roles, and one-party system. Socialism, on the other hand, is a centrally planned economy. On the other hand, socialism is a centrally planned economy. Under this system, the central authority is in total control of the economy, it is a liberal system. The central authority is elected by the people and that gives the people a say in running the economy.
In fascist countries, a union is present between businesses and the State. The state tells the business what to do and there is nominally private property ownership. Corporatism in Italy, National Socialism in Germany. The idea of socialism is the central planning of the national economy and the redistribution of wealth. Every individual should be able to access basic articles of consumption as well as public goods to provide room for self-actualization. Large-scale industries are collective efforts and their returns must be of benefit to society as well.
Fascists believe strict/rigid class structure is necessary to prevent chaos (Italian fascists). Eliminates all class distinctions but with a superior race. On the other hand, socialism has diminished class distinctions, derivation of more status from political distinctions rather than class distinctions with some mobility.
Fascism contains a single authority of one charismatic leader. Advisers to the government generally emerge by merit rather than election. Cronyism is common. Socialism on the other hand can coexist alongside various political systems. In most cases, most socialists agitate for participatory democracy/social democracy/parliamentary democracy.
Theoretically, fascism does not permit the ownership of private property, but individuals may possess property and small businesses. In other words, it implies nominal private property ownership with state control. The state owns public goods through a dictator. For the government to permit the ownership of private property, it must also benefit the state. On the other hand, Socialism does not usually permit private ownership of property. Though individuals may own few assets, the state is still in full ownership and control of all factors of production. Socialism can still allow individuals to enjoy ownership of personal property. For example, an individual can own furniture but cannot own a furniture-producing factory.
Fascism involves nominal private ownership, state dictation of outputs and investments, planning based on projected labor instead of money. Under socialism, planned socialism is principally dependent on planning to determine production and investment decisions. Market socialism is dependent on markets for the allocation of capital to different socially-owned enterprises.
Both fascism and socialism permit the ownership of private property, Fascism is a nationalistic religion while socialism provides total freedom of religion, that is separation of church and state.
Fascism involves national self-sufficiency, large public works, deficit spending, anti-trade union, and syndicalism. Strongly against international financial markets and usury. Under socialism, public enterprises/cooperatives own means of production. On the other hand, socialism compensates individuals on the basis of their contributions. Coordination of production can take place either through economic planning or markets.
Under the fascist political system, the individual is meaningless as the system is under the control of a dictator. In essence, free choice is limited as it serves the state. On the other hand, socialism is after providing public goods for the masses. Though the free choice is absent, the government serves the needs of the people and works for the good of society.
Under fascism, there is equality but a superior nation exists. Socialism on the other hand considers everyone equal and adopts legislation that is meant to protect the people from every form of discrimination. A socialist economy also controls immigration.
Coexistence with democracy
Fascism does not coexist with democracy, it replaces democracy through electoral processes. Socialism, on the other hand, can coexist with democracy which in turn becomes democratic socialism.
View of war
Fascists believe that war is good for the nation and therefore good for the State. They believe that the state must gain its glory through war and conquest. On the other hand, socialism does not view war as a good thing for the state.
Distribution of wealth
There is usually an unequal distribution of wealth in fascist states. In socialist states, the aim of production is to meet both societal and individual needs and the distribution of wealth takes place according to one’s ability and contribution.
Under fascism, high taxes are focused on raising funds for national defense. Under socialism, high taxes focused on social welfare and services.
Frequently asked questions
What’s the difference between fascism, socialism, and communism?
While fascism is based on the ideology of national supremacy and glory, socialism and communism base on providing answers to basic economic problems with regard to the production, allocation, and distribution of resources. Fascism allows private ownership if it benefits the state, communism does not allow private ownership, while socialism involves collective ownership of factors of production. While fascism and communism involve authoritarian government control, socialism involves centrally planned government control.
Fascism limits individual freedom as it serves the needs of the state, there is none under communism, while in a socialist economy, the government serves the needs of the people. Fascism has a rigid class structure while socialism and communism are classless societies. While fascism and communism cannot coexist with democracy, socialism can.
What are the differences between fascism and socialism?
Some of the differences that exist between fascism and socialism are as follows;
While fascism is authoritative, socialism is centrally planned. Also, a single authority controls a fascist nation while socialism can coexist with other political systems. Fascism believes in gaining national supremacy and glory through wars and conquest. Socialism does not support the war but bases on societal welfare. Cronyism and corruption are common in a fascist government, this is rare in the socialist economic system. The individual is useless to a fascist while socialism is after social welfare. Unequal distribution of wealth exists under fascism. On the other hand, a socialist system distributes wealth based on the people’s abilities and contributions.
What does fascism mean in simple terms?
Fascism in simple terms is an autocratic political movement that places emphasis on a centralized-nationalistic government above individualism.
What is the difference between fascism and capitalism?
Fascism considers the individual as useless, private ownership is limited while capitalism is a free market economy where individuals own and control means of production. In other words, there are no free choices in fascist states while this exists in capitalist economies. The freedom of expression, as well as class struggles, are absent in a fascist government, these components exist in a socialist economy. While fascism bases on national wellbeing, capitalism bases on self-interest and individual wellbeing. Dictatorship is prominent in fascism, this is absent in the free market economy. Capitalist countries do not face financial trouble like fascist countries. This is because capitalism attracts more investors while fascism discourages investors.