Comparing Three Practices Of Socialism And Communism
Capitalism is an economic system in which the factors are privately owned and money can be invested in businesses to make a profit. Socialism is the factor of production is owned by the public and operate for the welfare of all. Lastly, communism is a form of socialism. Communism allows people to own land, mines, railroads, businesses, and factories. All three practices are trying to better their citizens. These three practices compare and contrast in many ways. The ideologies socialism and communism are similar because each one is systems of production for use based on public owning a section of a business. Socialism sprouts straight from capitalism; therefore leaving some beliefs from former capitalism alike. Each practice wanted to sew
the gap between the rich and the poor. Socialism, similar to communism, adds major production in the hands of the people directly, or through government interference. In the article, Social Revolutionary, Saint-Simon quotes, “Religion should guide the community toward the great aim of improving as quickly as possible and the conditions of the poorest class.” All of the philosophies mentioned wanted to enhance the society and patch the hole between the social classes. What is the difference between the three ideologies? In Industrialist and Reformers: A Decision Making Model, it stated under the alternative 1 “Governments shouldn’t interfere in the economy.” The followers of Capitalism believed the business should be personally owned and the profits should not be paired with the government. In the same article, it states, “The means of production should be publically owned and operate for the benefit of all” The socialist believed that every individual should own a particular part of a business. In while doing this, would help eliminate poverty, promote equality, and help protect workers. In the Communist of Manifesto, Marx and Engels exclaimed how human societies have always been harshly divided into different levels of class. They stated “The proletarians have nothing to lose but their chains. They have the world to win. Workingmen of all countries, unite.” In conclusion, socialism, communism, and capitalism are three different things but have many similarities.
the gap between the rich and the poor. Socialism, similar to communism, adds major production in the hands of the people directly, or through government interference. In the article, Social Revolutionary, Saint-Simon quotes, “Religion should guide the community toward the great aim of improving as quickly as possible and the conditions of the poorest class.” All of the philosophies mentioned wanted to enhance the society and patch the hole between the social classes. What is the difference between the three ideologies? In Industrialist and Reformers: A Decision Making Model, it stated under the alternative 1 “Governments shouldn’t interfere in the economy.” The followers of Capitalism believed the business should be personally owned and the profits should not be paired with the government. In the same article, it states, “The means of production should be publically owned and operate for the benefit of all” The socialist believed that every individual should own a particular part of a business. In while doing this, would help eliminate poverty, promote equality, and help protect workers. In the Communist of Manifesto, Marx and Engels exclaimed how human societies have always been harshly divided into different levels of class. They stated “The proletarians have nothing to lose but their chains. They have the world to win. Workingmen of all countries, unite.” In conclusion, socialism, communism, and capitalism are three different things but have many similarities.