what are: communism, socialism, capitalism ?

It seems apparent that communism, socialism, and capitalism are not well understood, even by myself, frankly.

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I will try:

COMMUNISM
Most people believe that communism is the system employed by the past-USSR or by the present-North Korea, seeing as communism is the word used to describe them after all. But in these situations communism is a misnomer. Really we should not use the word communism to describe those systems, which are more along the lines of totalitarianism’s, where a sharing(?) of state-obligations is forced upon the population. We should, in my opinion, call these systems not-communism’s, or Stalinism’s, or whatever.

Accurately, communism is a concept where you can come over to my house and get some milk from my cow, and you will sew me a pair of Levi’s, and Jimbo will fix your leaky faucet, etc … everybody working together, voluntarily, for the sake of the whole. Communism focuses on: sustainability of community.

SOCIALISM
Socialism seems to suffer from a misnomer-based reputation just as communism does. In practice, such as Tito’s Yugoslavia, socialism involved the acquisition of personal properties, etc. by the government, with the intent to manage the collective resources (including capital and labor and knowledge).

I, personally, am guilty of abusing the word socialism also, but in a different way: I prefer to see socialism as a system whereby wealth is redistributed, in the same way that an aquarium’s pump/filter circulates water, ensuring that all water is nutritionally healthy.

CAPITALISM
Capitalism is a system whereby all individuals are effectively on their own. In its’ purest state it is, in my opinion, similar to a law-of-the-jungle infrastructure, and if this definition is acceptable (or somewhat acceptable) then capitalism necessitates a management/regulation to prevent gross predation by the most ambitious members.

However, capitalism is not necessarily a bad thing. In the hands of socially moral people, capitalism does meet the sustainability burden that both communism and socialism do (everybody needs milk, everybody needs pants … so some entrepreneur will inevitably provide those in a marketplace); but above and beyond that low-level burden of mere sustainability, capitalism yields growth as ideas are improved upon as members compete for a market share.

Capitalism seems to focus on the growth of the individual … which does lead to a growth of the upper-end of the society, which theoretically leads to a lifting of the lower-end. Without management/regulation capitalism leads to a economic gap between members of the population.

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