[tpaine]

"Capitalism asserts that property is privately owned and privately controlled".
" communism says property is commonly owned and government controlled."
"Fascism is an economic and social theory that property, though privately owned, is subject to government control."

This is as good of a basic explanation as I have seen.
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Very good indeed, TJ. Do you have an original source for that quote?

[Protagoras]

TJ. Do you have an original source for that quote?

Source unknown. (by me)