The Dispute Of Communism Vs. Capitalism

Two of the world’s most popular and diverse economic systems are Communism and Capitalism. Capitalism, or a free enterprise economy, is an economic system constructed by the freedoms of the marketplace. The capitalist economy has several promising advantages. The capitalist government subtly changes and adjusts to the current conditions with ease. A communist system can be defined as an economic system where many, if not all, factors of production are controlled and owned by the government.

The success of communism had an immense impact on the world, especially in Western countries. The United States considered communism to be a real threat to democracy. Historically, critics point out that most communistic societies have faced periods of famine, and nearly all severely repress their citizens. Censorship is rampant, and any political opposition is strictly stopped. Anti-communists also argue that communism essentially causes a worse form of the class struggle in capitalist societies. This is because communist societies involve a ruling class which have all of the power, which is inevitably used to treat ordinary citizens poorly. These ruling classes have more privilege and power than the upper classes of the capitalist societies they strove to abolish.

Communism started around the mid - nineteenth century. It is a political and economic belief. Communists work toward getting rid of any privately owned property or any businesses that make a profit (“Communism”). In Communism, there is no personal ownership, because the government owns everything. Since the Government owns everything, the only people eligible to earn money are people with high paying jobs. It appeared there were no middle or poor class, but only a rich class. Communists used the class system to try to work on eliminating any properties owned or profit’s made. But it didn’t work. In a communist society, the class system is the main reason why the society failed.

Communist had a long history during the 20th century, and communism was very influential. Almost all of Asia and East Europe became Communist. From the start of the theory then many civil wars in Russia affected the whole world. Communist defined the idea of itself in many different ways, it helps many nations came together formed a party fought wars, but it also made many countries became really poor, and the economy in most of the countries got pushed back about 10 years. Communism is an economic and political system that sought to create an egalitarian society; it collapsed because of personal interest and government’s corruption.

eyes of the government. For example if you are a poor nobody from the lower

The most effective out of the three economic systems is capitalism. It is the most effective for a few reasons. First, people are allowed to own any type of business they want. In socialism they can’t own a variety of businesses because the government runs them. In communism, no one can own a business because the government owns everything. If people are allowed to own any type of business that they want and keep the profits of the business, they will want to work harder then they would under communism or socialism. In addition, just because the government doesn’t interfere with businesses a lot doesn’t mean that the businesses aren’t strong. The government still does interfere a little, regulating what the businesses can and cannot sell. Lastly, capitalism is the most

“Mankind must put an end to war or war will put an end to mankind.” John F. Kennedy, September 25, 1961

Communism is system of government in which the state plans and controls the economy and a single, often authoritarian party holds power, claiming to make progress toward a higher social order in which all goods are equally shared by the people. In some countries, the communist government functioned well while in other countries, the government slowly collapsed on itself. Criticism rose from the masses of the population of each country and caused the people to question if communism was the most favorable system of government. In the late 1950s, Eastern European states’ criticism over communism was harsh and condemnatory as the communists appeared to be doing nothing for the well-being of the countries; overtime, criticism shifted to a more melancholy tone, presenting a comfortable but non beneficial view of communism in the 1980s. Negative views spread throughout the European states and eventually developed on their own.

     Throughout history, there have been many systems developed in order to have a better society. Two of the most analyzed, and debated systems that have tired to change an economy for the best are communism, and capitalism. Communism, and capitalism have been compared on many levels, such as why they will or will not work, and which one works better. Throughout this essay I will concentrate on the differences, and similarities of how each operates, along with the benefits, and problems that each of them produces.

Communism is the social and economic system where all the resources and wealth in a country is evenly owned and distributed to all citizens who live without classes. This sounds like an ideal way of living to any poor citizen. Communists see this being the only way to ensure freedom to all citizens because everything is shared equally. Communism “The ideal is one of full social equality that in its most extreme form…calls for the dissolution of the individual in the community… in other words, no private property.” Basically, Communism allowed every individual the same rights as everyone else. Everyone is employed, educated, and middle class. Communism started gaining popularity in the world after emerging victor of the Chinese Civil war. This

Communism is a society where everything is all equal, and all are treated the same. In communism there is no lower class, middle class, or high class, there is only one class occupied by a leader.

The industrial revolution changed the way people lived. Before the industrial revolution all the work that is now done by machines was done by hand. It also allowed the ambitious working class man to join the rich at the top. This was done through capitalism and laisses-faire economics which gave businesses the ability to operate in a free market without government regulation. Capitalism deserves its share of criticism because of the abuses it caused during the industrial revolution. These abuses were the origins of other economic systems such as socialism and communism. Socialism and communism are not perfect systems either, they promise equality but do it in a way that brings people down. Economic systems were very controversial during the industrial revolution and they need to be further analyzed to be understood.

Capitalism is the more morally adequate system because it values the individual liberties of each man above the power of a centralized government. In theory, Capitalism is the ideal economic situation because it enables, as Smith argued, the competitive free market to keep one another in check and gradually increase the standard of living. It is under capitalism, that true social justice is achieved, where individuals are rewarded based upon their labor, while it is socialism which suppresses the potential of individuals. Theoretically, Capitalism gives more power to the individual and enables individuals, not necessarily grants, but enables all individuals the pursuit of happiness. It is far more preferred to live a life of poverty and hold sovereignty, than a life of wealth, but as a

The two dominant economic systems we have in the world today are socialism and capitalism. In this text, I will in addition to comparing and contrasting socialism and capitalism also discuss the shortcomings of these two economic systems. Further, amongst other things, I will highlight the overlaps between the two.

Communist leaders had different views on what imperialism meant to them and the world. Ultimately their understanding of imperialism was almost the same, it was a destructive system that harmed the people of each nation. It focused only on the wealthy and powerful minority while the majority of the lower individuals are left to struggle. Lenin, Mao, and Khrushchev all wrote pieces about their views on imperialism at the time and why it was important to them.