Capitalism : You work on a farm 8–16 hours a day and I get maybe 10 ounces of milk from the guy who owns two cows, each producing 8 gallons per day. If you displease him, you die. Socialism : The cows and the excess milk belong to the farmer, but he must give each worker 12 ounces of milk per day,... Socialism is an economic and political system under which the means of production are publicly owned. Production and consumer prices are controlled by the government to best meet the needs of the people. Capitalism is an economic system under which the means of production are privately owned. Dear Ann Landers Explains Socialism Communism Capitalism and other Isms. Socialism Communism Social Studies Political Cartoons Political Memes Politics You Have Two ... Oct 16, 2015 · When I was a kid, I used to proudly wear around a T-shirt explaining different economic systems using ‘two cows’ as a metaphor. It started off like this: Socialism: You have two cows. Give one to your neighbor. Then Communism: You have two cows. The government takes both and gives you some milk. And Fascism: You have two cows. The ... Although the central concerns of socialism appears to be economic its ramifications extend to the moral, social and political realms, in fact together with nationalism, it is the leading ideological and political movement of the 20th century. It is considered to be the transitional phase between the capitalism and communism. SOCIALISM You have 2 cows. You give one to your neighbour COMMUNISM You have 2 cows. The State takes both and gives you some milk FASCISM You have 2 cows. The State takes both and sells you some milk NAZISM You have 2 cows.