Similarities Between Socialism And Communism

Communism and Socialism are economic and political anatomy that promote equality and seek to eliminate social classes. Sometimes the two are used different ways, though they are quite different. In theory, socialism and communism sound engaging, with everyone doing their portion and working together to provide for the greater good. Each harness is planned by a production schedule to ensure the needs of all community members are met. They are utopian economic formation that some countries have tried, however, most have failed or become dictatorships, making reform nearly nonviable. In a communist association everything is owned by the working class and everyone works toward the same private goal. There are no affluent and poor classes. Instead,
In free enterprise, reward comes naturally without restriction to workers who exceed the normal minimums. ( Investopedia) When there is excess production, the owner can freely keep it, and he has no commitment to share his blemish with anyone else. A capitalist environment facilitates competition, and the product is unlimited promoting opportunity. In current society, many countries have adopted pieces of socialism into their economic and political approach. For example, In the United Kingdom, markets are allowed to fluctuate rather freely, and workers have boundless earning possible based on their work. However, basic needs like health care are provided to everyone nonetheless of time or endeavor in their work. The welfare programs like food stamps in the United States are also forms of progressive policies that fit into an otherwise capitalist society. More often than not, in media and in discussing the concepts of Communism and Socialism are used interchangeably to refer to the essentially the same economic and political philosophy. In reality these are two different philosophies that while having some similarities also have some very evident differences. Appreciation the similarities and the differences can be useful in terms of appreciation the distinction of Communism vs. Socialism in discussions or publications. Communism and Socialism both appear in the situation of the Industrial Revolution and largely as a response to a time when business owners were becoming immensely affluent by exploiting their workers. Through different processes both philosophies looked at the current situation as being instability and eventually society pressures would result in drastic changes.(Jeffrey Glen) While there are surely key similarities in the philosophy of Communism and Socialism, there are differences that make considering them interchangeable mistaken. The most elemental difference is that under Communism individuals are provided for or recompense