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Capitalism, Socialism and Communism

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❶With communism being a lofty idea, which one day might come to fruition but most likely never will - presently, capitalism and socialism are the two only practical political concepts competing for the hearts and minds of people in the U. The freedom of expression was another one, as it was perceived as disturbing people's minds with obsolete and immoral capitalistic ideas.

Essays on Capitalism vs communism

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Key Differences Between Capitalism and Communism
Content: Capitalism Vs Communism

Communism appeals to our more saintly side, wherein we think about others before ourselves. It is a noble thought, which goes against the inherent selfish nature of most people, though it is appealing to their generous natures. Both again are two extreme points of view, which have their advantages and disadvantages.

Some of the greatest advances in human history have happened due to individual creativity and enterprise, which were self serving, though they ultimately benefited the society. Communism can kill that individual creative streak, by making a person do what he is told. In short, it has the danger of killing creativity and original thinking. Capitalism, on the other hand, feeding selfish desires can create capitalist autocrats who can have control of life and death over thousands of people, leading to exploitation.

Society Communism advocates a classless, egalitarian society, where all men and women are placed on the same footing. There will be no differences of class, race, religion or even nationality! This way, there will be nothing to fight for. This is nice as an idea, but trying to implement this idea is tough and asking people to give up all the things that make them different, is unfair!

Every person is special and different in his own way. Capitalism promotes class distinction. In fact creates the major class distinction of haves and have-nots, the rich and the poor.

The rich get richer and the poor get poorer under pure capitalism. The rich class controls the means of production and wields power, thereby imposing their own class distinction and whims on the society. Anatomy of Power Communism appeals to the higher ideal of altruism, while capitalism promotes selfishness. Let us consider what will happen to power distribution in both these ideologies. Capitalism naturally concentrates wealth, and therefore, power in the hands of the people who own the means of production.

So, it creates the rich elite who control wealth, resources, and power. So, naturally they decide the distribution of power. In communism, ideally, if all of mankind was of saintly nature, altruistic and selfless, the distribution of power would be equal.

All decisions would be made by democratic means and there would be no unjust rules favoring a few. However, that is not the case here, people are inherently selfish and the nature of power is such that it corrupts minds and absolute power corrupts absolutely. We have the example of how communism can concentrate absolute power over a whole nation, in the hands of a single man, in Stalinist Russia.

So, both the ideologies can fail and create an unjust society. Ultimately what we need, is a balanced approach, which is a combination of good points in both the ideologies. A mixed economy where the state has control over all the vital resources of a nation, provides welfare for the needy, while also promoting free entrepreneurship.

Hope, this article has illuminated you about the basic points of difference in the ideologies. This will help you understand the subject better. Is Capitalism Good or Bad? Pros and Cons of Capitalism. Popular French Last Names. Effects of Human Trafficking. Pros and Cons of Mass Media. Pros and Cons of Globalization. Capitalism Vs Communism Essay. In the perception of capitalism, there is a measure of incentive and possibility of reward that is not found in communism. Capitalism allows to the opportunity to be a successful entrepreneur that can prosper from an idea that may be beneficial for the consumer as well.

Capitalism is often seen as a model and reflection for economic liberty, and a symbol of a successful society. This can be observed in prosperous capitalistic nations such as the United States, Japan, South Korea, and western europe who are frequently referred to as "first world countries.

Communism has also clearly been perceived as economic failures, and are commonly referred to as "third world countries. Though some economic success has been found in China and the Soviet Union, their currency has been limited to the elite, and the money received has frequently gone solely for military projects, or have been known to have "capitalistic tendencies" for their Communist laws to survive.

Most societies have been known to leave communist countries in favor of capitalist countries rather than vice versa. He started all of it, so via examining "The Communist Manifesto" written via Marx you will get a sturdy concept of the roots of communism and why human beings got here upon it so pleasing.

Not unless you are from Cuba It isnt so you are screwed. Related Questions Persuasive paragraph why communism is better than Capitalism?

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So who spilled the beans to the New York Times? Why do I have to support the troops? Can anyone name something that does NOT make conservatives angry? My teacher said the Southern states get hit by hurricane every year because there is a divine punishment for voting GOP.

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Keywords: communism vs capitalism essay Communism and capitalism, the totally opposite systems, always fight, although the capitalism is a bit older than the most important ones of these fights date back to the Cold war was between the countries of Warsaw Pact and the ones of NATO(North Atlantic Treaty Organization).Actually, the primary participants' military forces.

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capitalism vs communism essaysCapitalism and Communism are two entirely diverse economic systems. Capitalism is an economic system characterized by freedom of the market. Capitalism has many pros to go along with its economy. The government will change gradually, but .

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Communism vs Capitalism Essay - Capitalism vs. Communism 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 vs Capitalism Essay brought up nowadays. Two of the most debated, analyzed and argued about are Communism and Capitalism. Communism is a system of government where everyone and everything is considered equal, you work for the benefit of society. In other words, all the work you accomplish or funds you make go to the government.

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CAPITALISM VS. COMMUNISM Capitalism and communism are very different in their political and economic views. The two are economic systems that attempt to solve the social and economic problems faced by many people. Capitalism vs. Communism 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.