Socialism: Socialism is an economic and political ideology advocating for collective ownership and control of resources, means of production, and distribution. It emphasizes equality in wealth distribution.
Capitalism: Capitalism is an economic system based on private ownership of resources, means of production, and profit-driven exchange in markets. It promotes individual freedom and competition.
Anarchism: Anarchism is a political ideology that opposes hierarchical authority structures such as governments. It advocates for voluntary cooperation among individuals without rulers or coercive institutions.