Pipes allow for inter-process communication by connecting the standard output of one process to the standard input of another. Named pipes, also called FIFOs, are similar to pipes but can be accessed using file names. The inode structure for pipes contains fields like wait queues, buffers, and counters for reading/writing processes. Ptrace is a system call that allows a process to debug another by controlling its execution and memory. Sockets provide communication via the network or locally using functions like socket, connect, listen, accept, and send/receive messages as datagrams or streams.