The pursuit of a free market economy

Economic trade for profit has existed since at least the second millennium BC. However, capitalism in its modern form is usually traced to the emergence of agrarian capitalism and mercantilism of the Early Modern era. Throughout history, different governments and nations have tried to choose weather is it better to be capitalist or communist societies, and analyzing the results both economic systems; one related to a political perspective and the other one entirely relationated to an economical one; have given to the ones that have used them since they were created until nowadays, we can realize that it is better to keep the resources or the means of production with a private owner other than society taking the means of production and resources of a country.

One of the most important disadvantages communism has is that it makes the society to be lazy as a communist country pays all of its workers each month with a limited payment, and this makes people just wait for their money and the end of the month and does not encourage them to inprove themselves and just be okay with what the government gives them. Communism stands for equal sharing of work, according to the benefits and ability. But in capitalism, an individual is responsible for his works and if he wants to raise the ladder, he has to work hard. Moreover, communism stands for a class less society, which doesn’t see any difference between the rich and the poor. On the other hand, capitalism divides the society into rich and poor. Capitalism can be said to be the exploitation of the individual. While every one is equal in communism, there is a great divide of the class in capitalism.

For Communists, the society is above individuals. But for capitalists, individual freedom is above the state or society. While capitalism is a self regulated economic system, communism is a government run economy. In capitalism, the individual has full control over production and decides on the price structure. Contrary to