What is a belief shared by the Communist Party and the Socialist Party?

Both the Communist Party and the Socialist Party share the belief in the need for social and economic equality, advocating for the redistribution of wealth and resources to reduce class disparities. They emphasize the importance of collective ownership or control over the means of production to ensure that all members of society benefit from economic activity. Additionally, both parties critique capitalism for its inherent inequalities and seek to create systems that prioritize the welfare of the working class.