Socialism Vs Communism

346 Words2 Pages
In the 19th century, the Industrial age began and people began to rethink the way the economic system worked. Two major systems rose, socialism and capitalism, both of which have positives and negatives. Some people felt that capitalism was unfair and they were being oppressed whereas others felt the lack of the government’s influence gave them a sense of liberation and hope. Some believed that humans wanted to work for the greater good, whereas others believe humans were selfish. Both factions of people commonly agreed that each system was to benefit the greater good of the people. Socialism rose and was seen as a way to eliminate competition and make all people equal, according to Karl Marx and Friedrich Engels. One cannot deny that there