This isn't really banter but I didn't know where else to put it.
Conversations about Taiwan and Cuba have brought forth some discussion on whether or not democracy is better than communism but as I understand it these are not mutually exclusive. Is there some reason why only one communist party can exist per country? It makes more sense to contrast communism/capitalism and democracy/authoritarianism. These are the wikipedia definitions I am working from.
Communism (from Latin communis, 'common, universal')[1][2] is a philosophical, social, political, and economic ideology and movement whose goal is the establishment of a communist society, namely a socioeconomic order structured upon the ideas of common ownership of the means of production and the absence of social classes, money,[3][4] and the state.[5][6] Communism is a specific, yet distinct, form of socialism. Communists agree on the withering away of the state but disagree on the means to this end, reflecting a distinction between a more libertarian approach of communization, revolutionary spontaneity, and workers' self-management, and a more vanguardist or Communist party-driven approach through the development of a constitutional socialist state.[7]
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit.[1][2][3][4] Central characteristics of capitalism include capital accumulation, competitive markets, a price system, private property and the recognition of property rights, voluntary exchange and wage labor.[5][6] In a capitalist market economy, decision-making and investments are determined by owners of wealth, property, ability to maneuver capital or production ability in capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets.[7]
Democracy (Greek: δημοκρατία, dēmokratiā, from dēmos 'people' and kratos 'rule'[1]) is a form of government in which the people have the authority to deliberate and decide legislation ("direct democracy"), or to choose governing officials to do so ("representative democracy"). Who is considered part of "the people" and how authority is shared among or delegated by the people has changed over time and at different rates in different countries, but over time more and more of a democratic country's inhabitants have generally been included. Cornerstones of democracy include freedom of assembly, association and speech, inclusiveness and equality, citizenship, consent of the governed, voting rights, freedom from unwarranted governmental deprivation of the right to life and liberty, and minority rights.
Socialism is a political, social, and economic philosophy encompassing a range of economic and social systems characterised by social ownership[1][2][3] of the means of production[4][5][6][7] and democratic control, such as workers' self-management of enterprises.[8][9] It includes the political theories and movements associated with such systems.[10] Social ownership can be public, collective, cooperative, or of equity.[11] While no single definition encapsulates the many types of socialism,[12] social ownership is the one common element.[1][13][14] Socialisms vary based on the role of markets and planning in resource allocation, on the structure of management in organizations, and from below or from above approaches, with some socialists favouring a party, state, or technocratic-driven approach. Socialists disagree on whether government, particularly existing government, is the correct vehicle for change.[8][15]
Authoritarianism is a form of government characterized by the rejection of political plurality, the use of a strong central power to preserve the political status quo, and reductions in the rule of law, separation of powers, and democratic voting.[1] Political scientists have created many typologies describing variations of authoritarian forms of government.[1] Authoritarian regimes may be either autocratic or oligarchic in nature and may be based upon the rule of a party or the military.[2][3]