Compare Capitalism And Communism

Capitalism and communism are two economic systems that shape the way a nation produces and distributes goods and services.Capitalism relies on competition and private property to gain money. In communism, everything is owned by the state, and private property is non existent. Capitalism was conceptualised in Europe by a man named John Locke. Communism was created by Karl Marx in England and he believed a violent working class revolution would over through the government and communism would reign supreme. Communism started to spread rapidly during the Cold War which led to the United States and other capitalist countries to attempt to stop them.
Communism caused the separation of Korea and Vietnam; South is capitalism, North is communism.