The last political is fascism an authoritarian and nationalistic right-wing system of government and social organization. “Fascism, which was not afraid to call itself reactionary… does not hesitate to call itself illiberal and anti-liberal.” -Benito Mussolini (Berlet, 1992). Fascism is more notable as a political phenomenon on which diverse intellectual influences converge than as a distinct idea; as political phenomenon, one of its most remarkable features has been the ability to win massive popular support for ideas that are expressly anti-egalitarian (Berlet, 1992). 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. Communism and socialism are very alike. They both are economic and political structures that promote equality and seek to eliminate social classes. Sometimes, the two are used interchangeably, though they are quite …show more content…
Without motivation to succeed, such as the ability to own an income-producing business, workers' human instincts prohibit drive and desire that is produced through such incentives (investopedia, 2013). Fascism and Communism are different in their ideology and other aspects. Communism is a socio economic system that stands for a classless, stateless and an egalitarian society. Fascism is an ideology that tries to bring together radical and authoritarian nationalism. Fascism became popular between 1919 and 1945 and the term has become an epithet for all bad things. Fascism originally referred to the Fascists under Benito Mussolini. Communism became popular after the Bolshevik Revolution of Russia in 1917. The Communist Manifesto by Karl Marx and Friedrich Engels is considered to be the bible of communism. The authoritative document of Fascism is “The Doctrine of Fascism (Prabhat, 2014). Modern capitalism traces its roots to Adam Smith and his Wealth of Nations, which has served, perhaps more than any other economic work, as a guide to the formulation of nations’ economic policies (Keyes,