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Here are some interesting definitions:

Communism: You have 2 cows, the government takes 1 and gives you part of the milk.

Socialism: You have 2 cows, the government takes 1 cow and gives it to your neighbor.

Fascism: You have 2 cows, the government takes both, and sells you the milk.

Nazism: You have 2 cows, the government takes both and shoots you.

Bureaucracy: You have 2 cows, the government takes both, shoots one, milks one and pours milk down the drain.

Capitalism: (Of course we understand this one) you have 2 cows, you sell one, and buy a bull.