Socialism vs Democracy Socialism and democracy cannot be compared because it would just be like comparing apples to oranges since socialism is an economic system while democracy is a political ideology. An economic system defines the manner of producing and distributing the goods and services of society while a. read more
Socialism and democracy cannot be compared because socialism is an economic system while democracy is a political ideology. 2. Economic systems like socialism and political ideologies like democracy can co-exist in the same society. read more