Preview

Communism Vs. Capitalism

Better Essays
Open Document
Open Document
1244 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Communism Vs. Capitalism
Throughout history, there have been many systems developed in order to have a better society and fair society. The question of what form of government or system is best has been brought up repeatedly during history and still is 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 where they make sure it is all redistributed equally to everyone. Two philosophers: Karl Marx and Freidrich Engels captured and theorized the basic concepts of communism. Vladimir Lenin went on to be the key founder …show more content…
Vices against it do it harm. It does not come from nature of the system, but from the financial system that it is well known for. It helps the private sector dominate instead of serving society. It is the financial system that is the inevitable downfall of capitalism. The capitalist system is by definition, a system that meets the aspirations of human nature. We can, in fact, define capitalism as a system that recognizes and protects private property, free enterprise, freedom of personal choice, consumer sovereignty on production targets through the free market the product, chosen or ordered by the consumer guide, in fact, the production programs. But it is also flawed, it is not the way things are going on in a capitalist country. The capitalist system is narrowed to a minority, and not in its implementation. You cannot really say that a country living under a capitalist system when 1 percent of the population control the wealth of the rest who consider themselves as the bottom 99 percent. The Occupy movement (for example) put emphases on the social and economic inequality caused by capitalism. At first it was a valiant effort to voice the opinion of the un-wealthy but it ultimately led to nothing after the media circuit started to cover less and less about it and when the only people occupying the chosen spots were simply “hippies” (i.e. people who are opposed to the government and how things function) or people who had absolutely nothing better to do. The capitalist economy is not to blame, but instead, its extension into the private sector controlling the

You May Also Find These Documents Helpful

  • Good Essays

    Capitalism is the gasoline to the car of the first-world nations. It is what sadly seems in America and many other countries alike to make the Earth go around. This has become an addiction and disease of America. Everyone has been victim to the issues of capitalism as it has been deeply engrained and rooted at birth. We start off wanting just a few things but once we find out there is so much more out there we get locked into the material things of life.…

    • 690 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Capitalism is an economic system where the government is hands off of businesses and people work to make profit, it is based off of private ownership. In document one of the DBQ, it states that capitalism is "based on the private ownership of capital, and on the production of goods and services for profit" (document 1). Even though it may sound like a good idea, many people were unhappy with capitalism because on lthe people who took the risk to invest money were wealthy and everyone else, for the most part was poor. The solution to these problems were new ideas of economic systems. Socialism was one idea. Socialism was an economic system where there is eocnomic equality and the government owns big industries. Documemnt four of the…

    • 277 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    FM 116 term paper

    • 2184 Words
    • 8 Pages

    Communism: first described by Karl Marx as a society in which the people, without regard to class, own all the nation’s resources. In his ideal political-economic system, everyone contributes according to ability and receives benefits according to need. Private property is eliminated and government owns all the major forms of production and makes all economic decisions. Ex. North Korea, Cuba, China is transitioning.…

    • 2184 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Capitalism is a system that forces the individual to play by its rules. These events or public changes to society are challenges that either help or hinder a group, a society or the individual. Events reinforce a person’s survival instincts and the capitalist is always in the middle trying to figure out how they could make money off of these events/challenges. Capitalism existence is inevitable but we allow it to further take advantages of the struggling and the greedy, the spirt of capitalism. This has been emphasized and drilled into the individual to believe they have a “duty” to this capitalism- to be rich and find riches at all cost. “…many diffuse, discrete, more or less present and occasionally absent concrete individual phenomena, which are arranged according to those one-sidedly emphasized viewpoints into a unified analytical construct (p.274).” This is simply one sided, in which it enriches more of the 1 percent. This is where the “ideal types” become the influenced objective causes of actions. We work harder for the idea that we will rise only to indebt ourselves more and to…

    • 781 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    I think capitalism is good for the poor compared to other systems such as communism…

    • 281 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Capitalism and Socialism are different kinds of economic systems which work in different ways throughout the world. Capitalism is a system that allows people to access a free market, whereas, socialism is an economic system controlled by government which promotes equality for all but provides less options for improvement. Most countries of the world fall into one of these economic systems, and the capitalist countries tend to have stronger economies than the countries with the socialist system. There are many different points of view which argue that the capitalism works better than socialism; however, this essay will compare and contrast both systems and demonstrate which one works better. Venezuela and Cuba will be used as the primary examples…

    • 192 Words
    • 1 Page
    Good Essays
  • Good Essays

    There are massive drawbacks to the system. Probably the most publicized drawback is the economic gap that occurs in a capitalist system. The New York times article by Peter Georgescu sums this up really well by stating that “For the top 20 percent of Americans, life is pretty good. But 40 percent are broke.” By saying that they are broke he means that 40 percent of people in America spend more money than they actually have. As stated earlier, capitalism gives people the ability to accumulate great wealth,but it also lends itself to the complete opposite where many people are actually quite poor. This a massive issue for obvious reasons and it is without a doubt one of the massive drawbacks of capitalism. Another negative of capitalism is that many people struggle to get the social services that they need to live healthy lives. Around the world healthcare has become incredibly widespread and accepted as a human right. In America (a capitalist nation), there are still a great amount of people that live day to day without…

    • 477 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Capitalism is a hegemonic global, economic, and social order that increasingly shows a fatal contradiction between reality and reason, where it threatens human welfare as well as but also the continuation of most sensitive forms of life on the planet. Three critical crises make up the contemporary world condition originating from capitalist development: the emergence of global imperial instability associated with shifting world hegemony; the Great Financial Crisis and stagnation/depression; the growing threat of planetary ecological collapse.…

    • 1117 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Socialism -vs- Capitalism

    • 366 Words
    • 2 Pages

    Socialism vs. Capitalism Samantha Conti University of Phoenix Comm. /105 –January 12, 2008 The disadvantages of Communism are that people have to be willing to work for the greater good of society, not just themselves. They will not receive all the fruits of their labor, no matter hoe much you work you will always get the same salary. Why would you want to work so hard if you were going to make the same amount of money? Human rights abuses, lack of incentives for progress for individuals which results in a slow progressing society as a whole. Under Socialist theory the individual’s needs are determined and satisfied collectively. Dissent and venturing out on one’s own are not option. Everyone is an employee and tenant of the state. In Communism people have little rights, everything is run by the government resulting in enormous economic failures, including famine, militarism and propaganda to cover-up the systematic failures of the government. Capitalism was developed in Europe in the 19th and early 20th century. Capitalism is an economic arrangement in which people have the individual liberty and the right to own property and to do what they wish with their property as long as it does not harm anyone else. These freedoms set Capitalism apart from all other kinds of economic arrangements. The Capitalist system is based in giving each individual the freedom to better (or worse him or herself). Capitalism signifies means of production. The heart of Capitalism is the producer’s right to make what he wants and the consumer’s right to choose what to buy. A free market economy and free enterprise. The major benefit of Capitalism is private property, the concept that people have the right and privilege to control their possessions as they wish. In a Capitalism economy the role of the government reflect the desire and goals of its citizens. Capitalism societies suffer from poverty too, but in a different way as there is a vastly unequal distribution of wealth (a few…

    • 366 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Communism gives everyone equal opportunity to make money and create a self-sufficient nation, increasing a country’s overall employment and productivity. Furthermore with a larger workforce, a company can produce at a far more efficient rate in order to satisfy the needs of a growing market. In theory Communism provides the solution to all the economic, and social issues and divisions that create conflict within…

    • 821 Words
    • 4 Pages
    Good Essays
  • Good Essays

    How Did Communism Fail

    • 376 Words
    • 2 Pages

    Communism is the political ideology that advocates a society with public ownership and the workingman is paid based on their abilities and needs. The idea for Communism, although well known before them, officially started with both Karl Marx and Frederich Engels in The Communist Manifesto, where they outlined their idea of complete equality between the people. Communism is great in theory, however historically it has failed as a way to govern a community.…

    • 376 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Invisible Man

    • 4262 Words
    • 18 Pages

    In The Communist Manifesto, published in 1848, was the starting point for the ideology of communism. Karl Heinrich Marx, the “Father” of communism and the most influential socialist in the 19th century, collaborated with Friedrich Engels, a friend and partner, in order to create this (adjective) work. Both socialist, Marx and Engels believed “that private property caused inequality in society and that governments should control their nation’s economy so that the basic needs of people could be satisfied.” (Lansford 14)…

    • 4262 Words
    • 18 Pages
    Good Essays
  • Good Essays

    Capitalism And Socialism

    • 393 Words
    • 2 Pages

    Capitalism is an economic system based on private ownership. It is good because there is a welfare capitalism. John Maynard Keynes said, "Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all." Capitalisms…

    • 393 Words
    • 2 Pages
    Good Essays
  • Good Essays

    The Cold war afflicted Communist Ideology. It was a war unlike any other. The cold war…

    • 1015 Words
    • 5 Pages
    Good Essays
  • Good Essays

    The Communist Manifesto

    • 760 Words
    • 4 Pages

    The Communist Manifesto was written by Karl Marx and Friedrich Engels, as a presentation of what they believed to be an ideal Communist social and economic revolution. According to the authors, in order to avoid social oppression, every individual should be at the same level. Although Karl Marx’s and Friedrich Engels’ equal social standards beliefs could have prevented oppression of wealthier people over less wealthy ones back in time, today it could lead to an abolition of elements such as economical advantage and leading powers, because there would be no distinction of citizens based on capabilities and no opportunity for anybody to be superior to someone else.…

    • 760 Words
    • 4 Pages
    Good Essays