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Disadvantages Of Communism And Communism

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Communism vs Capitalism
Capitalism and communism are different in their political and economic ideologies. Capitalism and Communism never go together.
One of the major differences between capitalism and communism is with regard to the resources or the means of production.
In Communism, the community or society solely owns the resources or the means of production. On the other hand, in capitalism, the resources or the means of production lies with a private owner.
While the profit of any enterprise is equally shared by all the people in communism, the profit in a capitalist structure belong to the private owner only. While the private party controls the resources in capitalism, it is the society that controls the whole means of production in …show more content…

This means manufacturers can only produce limited number of goods and are unable to demand for higher prices for their commodities and monopolize the market.
List of Disadvantages of Communism
1. It hampers personal growth.
One of the setbacks of communism is its being too controlling on the lives of the people. Since it is a classless society, everyone is equal in social status and no one is above the other. This can also be a disadvantage since people will feel they are at the end of the road because there is no room for personal improvement. In Cuba, for example, all medical professionals, medicines and hospitals are controlled by the government. The fees of these professionals are regulated by the government and they cannot demand for higher fees.
2. It dictates on the people.
In a communist society, the government has the power to dictate and run the lives of people. Although its goal is one of equality, there is basically less or no personal freedom at all to criticize the government or demand for changes. Moreover, there is no freedom of speech and whoever goes against the government can be subjected to

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