The Mystery Of Capital Analysis

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.

A communist government is “(A) a theory advocating elimination of private property (B) a system in which goods are owned in common and are available to all as needed” (Merriam-Webster Dictionary). Although this may sound appealing, almost every example of an overbearing government in which every aspect is ran by the government is viewed as what could be considered a dystopian society. In many cases, such as Cuba, and North Korea, not only does the government control what the people own, but what they say and do as well. In societies that everyone receives equal pay and amounts of necessities, regardless of how hard you work, and in a society that controls what you believe in, watch, or see, citizens naturally become slaves to their environment. They lose their work ethic to try to do well for themselves and prosper. This ultimately creates a society ran by an oppressive government in which citizens lose their individuality, and a society of conformity is established. According to John David Frodsham, in “The Dangers of Communism”, “Laos and Cambodia were handed over to communism with the result that millions have died already in those countries and many more will die and suffer in years to come” (page 212). Frodsham is stating that in a society that is ran by an oppressive government, the needs of the oppressed are so neglected that everyone in a communist country with a

The great historian and moralist Lord Acton once stated; “Power tends to corrupt, and absolute power corrupts absolutely.” The context of his statement was likely directed toward monarchies of the 1800’s but, his words speak truth that resonates still today. The opposing political ideologies of communism and capitalism both seek to balance power, promote fairness, and limit corruption. Both ideologies have very different paths to achieve this goal and every different social political, and economic organization. Communism is defined as a way of constructing a specific society where government owns the economy, there is no privately owned property, and total government control often implemented by force. Capitalism is the exact opposite because it is based on private ownership and an economy that is based on private production for profit supported by the value of personal freedom. The world is becoming a global economy and the ideology that dominates the globe will put countries that support it at an advantage. Communism often violent intolerance for what they think is ultimately destructive capitalism seems irrational. The prevent possible war by war or revolution seems like a struggle for absolute power. Harry S. Truman, wrote one of the most notable containment policies to try to contain communism; this document is called the Truman Doctrine. Specifically, to what extent did communist

     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.

A communist dictatorship can have several impacts on the society and the people living within. As shown above, if you did not complete the task that you were assigned, you would be punished.

As many other countries around the world China has its long history of a struggle for equality and prosperity against tyrants and dictatorships. The establishment of People’s Republic of China in 1949 seemed to have put an end to that struggle for a better life. “The Chinese people have stood up!” declared Mao Tse-tung, the chairman of China’s Communist Party (CPP) – a leading political force in the country for the time. The people were defined as a coalition of four social classes: the workers, the peasants, the petite bourgeoisie and the national-capitalists. The four classes were to be led buy the CPP, as the leader of the working class.

Communism is not an absolution of Government, at any rate; it is the mass socialization of the Governance. The duty of the Proletariat Dictator is not to make decisions on a long term scale, rather to involve as many diverse people as possible, strategically, in meaningful Governance of The People; and then to absolve themselves of the Dictatorship. The large scale proletariat Government that results would be capable of involving the majority of the population in self-governance.

Mystery of capital is a book written by Hernando De Soto and makes a criticism about capitalism in the west . In this case, the book states that capitalism thrives in the western areas of the globe but fails in all the other areas. As evidenced, this book is a primary source of information since it gives some firsthand concepts, information and ideas about the notion of capitalism . First written and published in 2000, this book has been described as a key product for economists and potential entrepreneurs.

Capitalism is a necessary step for communism to take place. Having the means of overproduction sets up the perfect conditions for communism to take place on paper. Over production drives terrible working conditions and forces people to band together to improve those conditions. Without this important step of production communism is doomed to fail. When needs are not met, any system will fail. Russia tried communism without first developing the means of production so inevitably it failed due to the government’s inability to provide for their people. When communism is in place, the people are completely dependent on the government for everything. The government oversees allocating people, resources, and production which proved too great of a

China has been a communist country since the communist revolution took place in 1949, since then China has been ruled by the dictator Mao Tse-Tung. However the Chinese dictator died in September 1976, he was hailed abroad as one of the worlds’ great leaders. Certainly one of the more impressive aspects of the Chinese communist government, has been the willingness of the people to protest against it (3, pg. 4).

In agreement with the source, when a government has too much control in the lives of its citizens, it can lead to dictatorships that infringe on the rights of people. Furthermore, instances of communism and private enterprise in the world have more or less, failed. Communism ideals emerged from philosopher Karl Marx who advocated the violent overthrowing of the bourgeoisie (the factory owners) by the proletariat (workers). Characteristics of the system include central control of the economy and abolition of private property. This causes the interests of the individuals to be replaced by the collective’s. As well, citizens are now placed under the authority of the state. However, this system can easily be abused by ambitious leaders, demonstrated by the application of communism in the Soviet Union and North Korea. Joseph Stalin became dictator of the Soviet Union in 1929 and quickly launched a 5-year plan to industrialize the country. He used conventional communists methods – centralizing the economy and forcefully taking control of Soviet farms. Farmer that refused were killed or exiled. Moreover, anyone that opposed him was killed and millions were forced into labour camps to drive the economy. Thus, Stalin ruled through terror and the principles of communism allowed a dictator like him to come into power (“Joseph Stalin”). Another recent example would be Kim Jong-un, dictator of North Korea. His communist

In the film the Government is challenged by a group of rebels who seem to be trying to even the odds of survival. When ever a dictatorship is targeted the repercussion is always the same, especially with communist. Communist have always been oppressed because the well-off want to stay that way and keep the less fortunate in a lesser lifestyle. Throughout history, anyone who opposes the idea of capitalism was punished, scorned or humiliated due to the stigma surrounding it. The original idea of capitalism originated for Karl Marx, and it had nothing to do with enemies of the state or an unfair political system but was branded in such a way giving it its notorious reputation. Ideally Communism, in a perfect world, would benefit everyone equally; giving everyone even grounds to live their lives. Obviously, a Capitalist would never agree to liquidating their assets, therefore forever rejecting the

Chinese socio-economic and political situation does not allow taking the capitalist road. China's national capitalism, from the second half of the 19th century began to grow, but because of the oppression of imperialism and feudalism, has not developed into an independent force. The national bourgeoisie is not completely cut off economic ties with imperialism and feudalism, political feudalism not completely courage and strength, they have the weakness, vacillation, the decision did not completely overthrow the feudal rule overthrow imperialism, the ability to fight for national independence could only depend on international capitalism to seek survival and development. China failed to develop into a fully independent capitalist society, this

A communism government is a system of government in which the state plans and controls the economy and a single, often authoritarian party holds power- which just means that all goods are equally shared by our people. Also the way we came to this conclusion is that we looked up other places that had a communism government- to see how their outcome was to predict how ours will be. Demonstrated this is china because they have a communism government and they are not in debt and they don’t have unemployed

Since so much of Communism’s ideas were put in place to protect the government from rebellion, it came with no surprise that one of the most important things to a dictator was loyalty. Under this philosophy, criticism was not tolerated for it was seen as disloyalty. Therefore, the dictator was always right even if he was not. However, for a country to flourish, it needed accurate information instead of what the dictator wanted to hear. This was one of the main reasons Communism failed. People told lies in order to stay alive, for no one could be truly trusted. Another major thing that was important to a dictator was the military because the country had to be run by physical force and the fear of it. For example, the Soviet Union spent twenty percent of its budget on the military. The United States only used four percent of its budget. The problem with this was that the Communist invested a large percent of their money on something that had no economic return, which was a costly drain of their resources (Nielsen).