Similarities Between Communism And Communism
Most countries today follow a capitalistic system, although we can still find those who practice the communist regime such as Cuba and North Korea. Communism and capitalism are 2 of the most well-known systems to have ever existed. By definition, capitalism is a social system in which a country’s trade and business is controlled by private owners. Communism on the other hand is a system in which there is equality in the economy and private businesses are eliminated. Both systems differ in several ways which can be summarized into 3 categories: the social view, the economic view, and the governmental view. To start off, from the social point of view, communist and capitalist countries differ in terms of property, freedom, and religion. It
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The government is the most important part of any system and country, without it who would be enforcing all the laws and regulations. In capitalistic countries, the government tries to combat market inequities through taxations, regulations, and subsidies. Governments may also intervene to enforce economic fairness, to correct market failures and to protect the welfare of the people. In a communist system, there is no such thing. The government does not intervene because it doesn’t need to; it is in control of everything. It intervenes though in a way that it helps allocate resources and determine prices. From another governmental view, there exists the case of politics in each system. Unlike capitalism, communism is based on the advocating of the application of socio-economic principles of communism through the state policy. In other words, communism is an ideology of economic equality through the elimination of private property. The beliefs of communism, most famously expressed by Karl Marx (1843), center on the idea that inequality and suffering result from capitalism. Communists argue that the role of the state in a capitalist society is to defend the interests of the bourgeoisie. These governments take actions to implement such things as unified national markets, national currencies, and customs
The government is the most important part of any system and country, without it who would be enforcing all the laws and regulations. In capitalistic countries, the government tries to combat market inequities through taxations, regulations, and subsidies. Governments may also intervene to enforce economic fairness, to correct market failures and to protect the welfare of the people. In a communist system, there is no such thing. The government does not intervene because it doesn’t need to; it is in control of everything. It intervenes though in a way that it helps allocate resources and determine prices. From another governmental view, there exists the case of politics in each system. Unlike capitalism, communism is based on the advocating of the application of socio-economic principles of communism through the state policy. In other words, communism is an ideology of economic equality through the elimination of private property. The beliefs of communism, most famously expressed by Karl Marx (1843), center on the idea that inequality and suffering result from capitalism. Communists argue that the role of the state in a capitalist society is to defend the interests of the bourgeoisie. These governments take actions to implement such things as unified national markets, national currencies, and customs