I thoroughly enjoy the political cartoons that are published in newspapers every day. They totally hit the bull's eye and pack a dose of laughter followed by an intense thinking session. That's satire, hard-hitting, yet funny.
I also loved the Scary Movie Series, it was a pure entertainer. Did it make me think hard? Nah... not really! It was sheer entertainment. That's parody.
Satire and parody, though very similar, are quite different. What differentiates them the most is their purpose. Humor is the linking element between the two along with sarcasm, but satire is a lot deeper.
To clear the confusion, we discuss the basic definitions, examples, and differences between the two in this Buzzle post.
Satire is a genre in literature which shams or ridicules certain aspects of the society or the society as a whole. But, the purpose of a satire is not restricted to entertainment or laughter, it is much more. A satire should make you think. It has the power to expose the shortcomings of society and sham individuals or organizations. It may not change things, but it will definitely make an impact.
A good satire uses the right amount of sarcasm, wit, and exaggeration. It is humorous, but not crass or vulgar. Other elements like hyperbole, parody, double entendre, burlesque, etc. are used in a satire to make it interesting and striking. Satires have lot of anger and frustration as well.
╚ Dr. Strangelove or: How I Learned to Stop Worrying and Love the Bomb
╚ George Orwell's Animal Farm
╚ Gulliver's Travels by Jonathan Swift
╚ The Colbert Report
╚ The Daily Show
Parody is pure entertainment, and sometimes called a spoof. Any work is imitated or mocked in a parody. The main purpose is to make the reader or audience laugh. It need not be motivational or thoughtful. It is like inflicting a direct blow to someone, straightforward and obvious. As Dwight Macdonald has rightly said, "Parody is making a new wine that tastes like the old but has a slightly lethal effect."
╚ Scary Movie Series
╚ Not Another Teen Movie
╚ Austin Powers
╚ Saturday Night Live Show
╚ Seth Grahame-Smith's Pride and Prejudice and Zombies
Satire does not limit itself to one specific target, it can have a much wider scope. Parody is usually about one person, incident, or movie. A strong satire has the power to stir souls, whereas a good parody will just invite hearty laughs.
Satire does not need a subject to mock or ridicule, whereas parody needs one. It takes elements from different works and gives them a comic twist. All the flaws of the said work or works are emphasized just for comic relief. In a satire, the flaws are exaggerated but not in such an in-your-face way. Parody is basically a part of satire, as it is used in many satirical works.
Satire is usually more subtle and intelligent than a parody. Parody is pretty straightforward and has direct humor. There is no underlying message as in case of the former. Parody is lighthearted humor, and has obvious humor. You can easily understand the inspiration behind a parody, the source will not be copied directly, but the resemblance will be pretty obvious.
So, to sum it all, we can say that a satire usually highlights the negative aspects of society or politics, in a humorous way. It will have a strong underlying message, and a parody will just make you laugh.