Communism Vs. Capitalism : Rough Draft

793 Words Oct 10th, 2014 4 Pages
Jack Clendenen
English 1A
Professor Roffel
October 10th, 2014
Communism vs. Capitalism Comparison Rough Draft Throughout the history of the United States, capitalism has always been a staple in American society. Would the country we live in today be an enhanced, more equal place to live if it were a communist one? Communism, by definition, is more or less an economic system of society in which the major resources and means of production are owned by the community and are not monopolized. Whereas in capitalism, private businesses and firms are generally in command concerning the trading of goods within what is considered a multifaceted system of prices and markets. Though Capitalism is not perfect, it is the best option the United States has to date according to many analysts. During the times of the industrial revolution, the idea of communism was very popular, and for good measure. While the factory owners are sitting back and collecting their riches, men, women and children are working 18 hour days in unfathomable working conditions. This uneven distribution of wealth evoked government intervention and prevented monopolies from further dominating the economic world. During the 20th century, a plethora of countries had declared themselves as communist, though only five remain today. There have been countries that have tried this form of government. The results of these countries’ experiences with communism were largely unsuccessful. When Russia became communists, it…

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