Socialism—a theory or system of social organization which advocates the vesting of the ownership and control of the means of production, capital, land, etc. in the community as a whole.

Fascism—a governmental system with strong centralized power, permitting no opposition or criticism, controlling all affairs of the nation (industrial, commercial, etc.)

Statism—the principle or policy of concentrating extensive economic, political, and related controls in the state at the cost of individual liberty.

- Ayn Rand. Capitalism: The Unknown Ideal (1966).