To put it more simply: Liberals want the decision to be spread out among more people, preferably everyone; conservatives want the decision to be made by as few people as possible, preferably just one.

Socialism, as envisioned by Marx and Engels was, ideally, a where everyone would share the benefits of industrialization. Workers would do better than in the English system at the time (The Communist Manifesto was published in 1848) because there were more workers than bosses and the majority would rule. As a purely economic system, socialism is a lousy way to run a large scale economy. Socialism is not a political system, it’s a way of distributing goods and services. At their ideal implementation, socialism and laissez faire capitalism will be identical as everyone will produce exactly what’s needed for exactly who needs it. In practice, both work sometimes in microeconomic conditions but fail miserably when applied to national and international economies. And they fail for the same reason: Human pervserity. Too many people don’t like to play fair, and both systems only work when everyone follows the same rules.

Socialism is liberal. More people (preferably everyone) have some say in how the economy works. Democracy is liberal. More people (preferably everyone) have some say in how the government works. “Democracy,” said Marx, “is the road to socialism.” He was wrong about how economics and politics interact, but he did see their similar underpinnings.

Communism is conservative. Fewer and fewer people (preferably just the Party Secretary) have any say in how the economy works. Republicans are conservative. Fewer and fewer people (preferably just people controlling the Party figurehead) have any say in how the government works. The conservatives in the US are in the same position as the communists in the 30s, and for the same reason: Their revolutions failed spectacularly but they refuse to admit what went wrong.

It’s really basic stuff that anyone who have a “vote” in this country SHOULD already know.