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Compare And Contrast Communism And Capitalism

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Humans of this era and even civilizations before have always wanted three things: money, prestige, and freedom. All of these things are wanted, especially when it deals with economic structure. Communism, and capitalism have been compared on many levels, such as why they will or will not work, and which one works better. They are concepts that characterize opposite ways of thinking. One is extremely individualistic (Capitalism), while the other one (Communism) believes in putting the society before self. However, we believe that capitalism is the more advantageous economic system. This economic government provides growth, motivation, and opportunities for individuals, which is the complete opposite of communism. However, to follow this essay, there must be an understanding that no country is purely capitalist and no country is purely communist. We can only compare the most communist …show more content…

Though communism and capitalism are pretty much the descendants of feudalism, communism shares more similarities with feudalism. Through feudalism, there is the relationship between the lord and the vassal, where the lord is ruler over all and is considered the ultimate authority. Karl Marx sees that feudalism starts with communism and as economic system develop; it will turn to capitalism. When compared with communism, the lord would be the temporary government mentioned before and the vassal would be the people living under the control of that country. After feudalism, comes capitalism, where the workers and peasants of feudalism become increasingly independent from the lord as they see people live better and richer lives through trade. This can be related to the modern world, where almost all people earn money based off their own individual needs and succeed based on their own potential and their personal lives is not as connected to the government as it would be if they were under communist

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1. Communism: Communism is defined as the political and economic doctrine that aims to replace private property and a profit-based economy with public ownership and communal control of at least the major means of production and the natural resources of a society. This form of government is important because it is backed by the idea of pure equality and is known for being the highest, most advanced form of socialism. Communism fueled the leaders of the Russian Revolution, such as Vladimir Lenin, Joseph Stalin, and Leon Trotsky. When Lenin was called into power after Nicholas II’s abdication, he immediately introduced Communism as Russia’s new form of government.

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One of the major differences between capitalism and communism is who controls the resources. In a communist environment, the government has full control of resources; in a capitalist country, the resources’ are the owner’s responsibility. In the US “We, the people” have full ownership of our property; in North Korea, however, they have no real ownership of their property, the government owns it. America is a classed society, as most know as being the lower, middle, and upper classes for the poor, middle wealth, and rich, respectively. Since wealth is distributed somewhat equally in a communist economy, this system is nonexistent.

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557 Words | 3 Pages

Capitalism and Communism are both types of economy that different countries from all over the word have for different kinds of economy types. Capitalism is where the government has no control over what people buy and sell, but if something goes wrong then the government can step in and save the day! Communism is when the government has complete control over what people buy and how they sell goods. Throughout the modern day, our economy has been struggling with many different kinds of economic structures. Some similarities and differences of economic structures are who controls it, how much control the government has, and how people are paid.

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According to Winston Churchill, “A communist is like a crocodile: when it opens it 's mouth you cannot tell whether it is trying to smile or preparing to eat you up.” Communism is an economic and social system that was designed by Karl Marx to ensure a classless society (Luthra, 1). In theory, all property and assets in a communist society are to be owned by the government, and then equally divided among the people so that no one is ever poverty stricken. Unfortunately, this is only in theory because a true communist society has never existed. These governments tend to have ruthless leaders that hold too much power and the citizens still suffer from poverty (Hoyt, 1).The threat that communism would expand to other countries by force and through

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663 Words | 3 Pages

Capitalism and Marxism are vastly different. Marxism, also known as Communism, is a concept where all property is shared and everyone is paid based on equality. Capitalism is where property is privately owned, and industry and trade are controlled by owners. Capitalism is beneficial because it allows for a higher variety of products to be put on the market, more incentives to work harder, better work effort, and higher rates of innovation. Marxism, on the other hand, boasts equal pay and treatment for all people, government control of production to ensure equal work, and the removal of the class system.

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433 Words | 2 Pages

Communism was an economic-political philosophy founded by Karl Marx and Fredrich Engels. These men both had similar principle which lead to their book named " The Communist Manifesto ". They both desired to end capitalism feeling that it was the social class system that led to exploitation of workers. This led to many conflicts between capitalism and communism as economic systems. Communism posed a domestic threat to America because communism resulted in Red Scare, Era of McCarthyism, and Cold War.

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Capitalism ideology gives the individual freedom which allows the growth of capitalism that contrary with socialist communist ideology who believes it can accelerate the welfare of workers and the people since the ideology have benefits the people. The

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Communism builds on the idea that everyone is the same and should earn the same amount of money regardless of their profession. The most important with communism is that there should not be any class distinctions. China, Laos, Cuba and Vietnam

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As you travel around the world, you will see that every nation is different. Their economies, views on certain topics, ways of life, freedoms, cultures, rights and responsibilities are all examples of some differing aspects of each separate place. The historical events of every nation creates its own story and is one of the main influencers for the current status of these nations. For instance, The Unites States of America and The USSR, or Soviet Union (Russia), are both powerful in many factors, but the citizenship and foundations of each country are completely contrastive. On the other hand, they do share a number of similarities.

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Meanwhile, the theory of Communism was theoretically developed by Karl Marx and Friedrich Engels in 1848, with the writing of “The Communist Manifesto” (Heywood, Politics 41). Communism is a system in which all economics and politics are synthesized into one classless state which is most commonly associated with common ownership and people 's leadership by a political party. Although both ideologies coincide in a few aspects when in practice, Communism and Fascism feature different approaches to property and society. Similarities between Fascism and Communism First, under both despotic systems, the state controls the production system, industry, and trade.

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Capitalism is an economic system in which investment and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, rather than by the state. Although nowadays capitalism has been applied as a type of government in many countries, like any other policies it is not described as the absolute solution. So there are some views that estimate socialism as the better economic system since the socialism ensures equality for everyone. However, taken as a whole, usually capitalist countries seem to be more economically advanced and so on the premise that some drawbacks of capitalism are keep grappled with, capitalism can be seen as the best choice for now.

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Marx claims that “man has no human needs” and that money is only the “true need” produced in capitalism. With ownership comes greed, status, rights and abuse which have become only adequate expression of man’s powers at this stage in their development. Marx says that capitalism is the “low point” of appropriation by man’s powers, communism is its “high point”. Communism starts a time when man brings his species powers out of himself. Till then majority of the powers are hidden inside him which we can say are improperly or inadequately fulfilled.

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871 Words | 4 Pages

Capitalism and Socialism are types of systems throughout the world in different societies that have had their successful periods of time, but did not show to have the same success at other times during the course of history. Socialism’s theoretical essence says that ownership of property should be in the government’s hands meaning that government has more rights in the assets than individuals do while Capitalism gives to the individuals the right of property, creating a better society since the individuals can produce and purchase as they need to. Capitalism is the political and economic system where land, factories, companies, etc. are owned privately to produce profit for those who own them. Prices of services and goods vary from the costumer’s

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Marx saw capital and liberal democracies as the fundamental reasons for the low standards of living and the low social conditions of workers. Karl Marx in particular is especially concerned with the political assumptions behind these two ideologies. According to him, these two types of government should be replaced by communism, since communism would provide a more equal and socially just society. Although this statement may seem unusual, since we tend to associate communism with Stalin and China, the type of communism implemented in these countries is different from the communism that Marx and Engels envisaged in their Communist Manifesto. Marx and Engels’ vision of communism is based on the principle of equality among the people and freedom

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To begin with, communism and socialism first use in French and Italian revolutionary with the same purpose to overthrow the established governments and set up a new propertyless society. Communism and socialism both have the same objective but different in degree. In other word, communism is the extremist version of socialism. To compare, while most governments these days combine free market capitalism and socialists ideas, communism exists in few parts of the world. While communists seeks to completly eliminate capitalists government and support the role of worker in search for equality, socialists seeks to increase public social programs than the private and advocates to reduce class structure instead.

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