Preview

Why Is Capitalism Better Than Communism

Satisfactory Essays
Open Document
Open Document
459 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Why Is Capitalism Better Than Communism
Capitalism and communism are the most popular economic systems. Wars have been fought over them, people have dedicated their lives to study them and in some places, simply being a supporter or follower of either of the two can get you jailed or killed. The ideologies are the opposite of each other.
Firstly, in capitalism, the basic things like labour, capital, land resources, that an individual needs to sustain himself is owned by the individual himself. And he is free to make use of it however he pleases without any interference from the government. But in communism, the resources and other means of production are owned by the government, and are given to you to make use off, but not to own or sell. In a communist society, the profit made from a business is shared equally among the people. But this is the opposite in capitalism where the profit made belongs only to the owner of the business. In this way you can see that in communism exists a classless society with equally distributed wealth, whereas in a capitalist society the rich get richer and the poor get poorer.
…show more content…
You are allowed to vote for whoever you want and the government doesn’t watch over every aspect of your life. the individual is free to focus on his life and personal progress. But in communism, a totalitarian form of government exists, where the government has complete power over the individual, very few rights and the individual is not free to pursue his personal progress. But rather his focus should be on the progress of society as a whole. In capitalism exists the notion of every man for himself and if you don’t succeed you have no one and nothing to rely on. But in communism the government provides everything for you. Jobs, health care, houses

You May Also Find These Documents Helpful

  • Good Essays

    Economic systems meet the needs of their people by determining what to produce, how to produce it, and who will buy it. Capitalism gives the people the freedom to make their own choices in what to do produce and so forth. On the other hand, a communist economy guarantees certain necessities for the people, such as jobs, food, clothing, and shelter, but the people have little/no choice in what kind. Though these two economic systems are run differently, the government in each will step to fill in the missing pieces of the people’s needs if absolutely necessary.…

    • 614 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Grapes of Wrath Essay

    • 1410 Words
    • 6 Pages

    In capitalism, any individual can go out and sell goods or services at his own price, and can sell as much as he wants too. Whereas, in a communist state, the goods are services are provided by the government and priced by the government. To be an entrepreneur you have to be able to take risks, work hard and be able to handle the outcome whether you lose or win. You don't have to worry about losing in a communist country because you are assigned everything and given everything from money for school and college to medical care to food and shelter. In fact, in a communist country everyone is treated the same and it doesn't matter if you are a doctor or a janitor, everyone is equal. You do not have to worry about the market failing and you losing everything you have because everything is provided for you. A capitalist…

    • 1410 Words
    • 6 Pages
    Satisfactory Essays
  • Satisfactory Essays

    There are many reasons why it is important for a person to be properly vaccinated. One reason for why it is important is so they avoid a contracting communicable disease. Another reason is so diseases will not be spread. A final reason is to avoid the death that some diseases can result in.…

    • 242 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Communism vs Capitalism

    • 992 Words
    • 4 Pages

    Since the beginning of the 20th century many countries have favored the economic system of communism over capitalism many political partys around the world that are communist based have the term “workers party”incuded in their name because communism is a system for the working class and capitalism is a competitive system for the upper class society to benefit. Communism was not envisioned by one person but molded and perfected by many one of the key contributors to the creation of communism was Karl Marx who wrote The Communist Manifesto which heavily criticized capitalism “The flaws Marx found in capitalism led him to believe that communism would create the best political, economic, and social situation for citizens in every society” (L.T., 1).In a totalitarian state ruled by communists one political party controls every aspect of the government mainly the economy instead of being able to grow or produce what you want the government would tell you what to grow and how much to grow thus decreasing competition among different corporations manufacturing and mass producing the same items or goods. By controlling the economy the people in a communist nation also are equal not separated by accumulated wealth .Many countries with newly formed communist regimes are often the result of a revolution inside the country or expansion by an already communist state countries like Russia,China,Cuba,Vietnam,North korea,Cambodia and many more because the people wanted a change in government that would benefit themselves and their country showing that communism is still a rising system in the modern world and that it is very successful economically socially and diplomatically overall communism is a system that will benefit a nations people economy and government over a extended period of time…

    • 992 Words
    • 4 Pages
    Good Essays
  • Good Essays

    In the Communist theory, the government owns and makes the decisions for those business and factories based on what the government deems necessary for the overall well being of the population. Control of the economy is shared by the people and working in the name of the people, the government sets goals to eliminate economic inequality by dictating…

    • 721 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Under communism, none of the "means of production" - factories, land, etc. - are owned by individuals. Instead, the government controls the means of production and all of the people work together. The wealth produced is shared out among the people based on their needs, rather than on their contribution to the work. The result, in theory, is a classless society where everything is public, rather than private, property. (Para. 2)…

    • 1780 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    In the beginning of the story, Calixta is doing a household chore which is a good example of how marriage is constraint without freedom at home. The author points out that “She sat at a side window sewing furiously on a sewing machine. She was greatly occupied and did not notice the approaching storm” (Chopin 2). This shows that she is completely centered on finishing her housewifely responsibility that shows how she is constraint and expects to do her domestic tasks at home. The oppression of women stems to a great extent from men's desire for control and power. A similar need which, all through history, has driven men to enslave different countries, and to oppress different classes in their own society, drives them to command and oppress…

    • 197 Words
    • 1 Page
    Good Essays
  • Good Essays

    Why Did Communism Fail

    • 770 Words
    • 4 Pages

    Communism is a Karl Marx original, by advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs. Although Karl Marx political movement considers history in terms of a class conflict and revolutionary struggle. But in the end communism and socialism prevaled why it couldn't hold, because it had abolished free markets so that officials had no market prices to guide them in planning production. Even tho as history shows communism is the easiest system to sell to people who are poor, not because they are stupid and poor, its because communism for them was reasonable, fair, and workable. Even though the reality of communism are indeed workable,the only problem is the produce supre inefficient economies.…

    • 770 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Socialism -vs- Capitalism

    • 366 Words
    • 2 Pages

    Socialism vs. Capitalism Samantha Conti University of Phoenix Comm. /105 –January 12, 2008 The disadvantages of Communism are that people have to be willing to work for the greater good of society, not just themselves. They will not receive all the fruits of their labor, no matter hoe much you work you will always get the same salary. Why would you want to work so hard if you were going to make the same amount of money? Human rights abuses, lack of incentives for progress for individuals which results in a slow progressing society as a whole. Under Socialist theory the individual’s needs are determined and satisfied collectively. Dissent and venturing out on one’s own are not option. Everyone is an employee and tenant of the state. In Communism people have little rights, everything is run by the government resulting in enormous economic failures, including famine, militarism and propaganda to cover-up the systematic failures of the government. Capitalism was developed in Europe in the 19th and early 20th century. Capitalism is an economic arrangement in which people have the individual liberty and the right to own property and to do what they wish with their property as long as it does not harm anyone else. These freedoms set Capitalism apart from all other kinds of economic arrangements. The Capitalist system is based in giving each individual the freedom to better (or worse him or herself). Capitalism signifies means of production. The heart of Capitalism is the producer’s right to make what he wants and the consumer’s right to choose what to buy. A free market economy and free enterprise. The major benefit of Capitalism is private property, the concept that people have the right and privilege to control their possessions as they wish. In a Capitalism economy the role of the government reflect the desire and goals of its citizens. Capitalism societies suffer from poverty too, but in a different way as there is a vastly unequal distribution of wealth (a few…

    • 366 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Capitalism and Socialism are very different. Capitalism, for instance, is an economic system where the production of goods is regulated by the people as well as the selling of goods. People own most of the companies, not the government. Their market is reliant on supply and demand. This causes companies that are incompetent to go out of business, and efficient companies to prosper. It also offers the consumer a better quality good for the least amount of money. Socialism on the other hand, is very different. In a Socialist economy, the government owns most of the prosperous companies. The government then regulates how much of a product is produced, distributed and how much the good will cost the consumer.…

    • 641 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Communism gives everyone equal opportunity to make money and create a self-sufficient nation, increasing a country’s overall employment and productivity. Furthermore with a larger workforce, a company can produce at a far more efficient rate in order to satisfy the needs of a growing market. In theory Communism provides the solution to all the economic, and social issues and divisions that create conflict within…

    • 821 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Capitalism and communism are two extremely different systems. They mainly differ by their economic and social visions of how society and the economy should be managed.…

    • 542 Words
    • 2 Pages
    Good Essays
  • Good Essays

    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,…

    • 913 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Communism versus Capitalism is a debate that has raged on for over two centuries. Somehow these two polar opposite ideas both seem to be controversial due to the fact that each one, respectively, is allegedly designed to favor a part of the socio-economic spectrum of social class. The two main conflicting ideas are first communism and secondly capitalism. First, The promise of the elimination of classes, of guaranteed employment, "The creation of a comprehensive social security and welfare system for all citizens that would end the misery of workers once and for all. "…

    • 487 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Capitalism and communism have always been compared to each other throughout history with always one being considered having better results. This comparison really began during the Cold War when America and the soviet Union fought for being the most powerful country, with America believing in Capitalism and the Soviet Union believing in Communism. This continues today ,but there aren’t as many communist countries. Which means Communism, capitalism, and their comparison are very important to the modern day. To start, Capitalism began around the thirteenth century on a very small scale.…

    • 1598 Words
    • 7 Pages
    Powerful Essays