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Is socialism working better than capitalism?
no, socialism isn't better than capitalism because capitalism has a free market and people get rich easily.
IN WHAT do capitalism and socialism differ?
Capitalism allows for more freedom for businesses than socialism does
Which characteristic differentiates socialism from capitalism?
Socialism has a much higher level of government control and regulation than capitalism does.
Why did the economy do better in the West Germany than in east Germany?
Because West Germany was based on free market capitalism while East Germany was based on Socialism
What are the benefits of industrial capitalism?
It creates the prerequisites for it's overthrow and the establishment of socialism. With capitalism ineviably comes, greater wealth than under feudalism and great technological advacement. These are just two prerequisites for the establishment of socialism at least.
In what way do capitalism and socialism differ?
Capitalism allows for more freedom for businesses than socialism does
Do protecting property rights match with socialism?
Socialism is based on a different set of property rights than capitalism. Socialism is based on public property and co-operative property in the means of production, and individual property for small-scale enterprise. So yes, socialism is compatible with the protection of co-operative, public and individual property rights, whereas capitalism matches with protection of private property rights.
How is socialism similar to capitalism?
Both are modes of production, but other than that they have nothing in common. Socialism has no classes, no money, no wages system, production form use, no government.
What ways do socialism and capitalism differ?
Capitalism allows for more freedom for businesses than socialism does
Is the US on the road to socialism?
No. While the United States government is espousing policies further to the left of what had been a decade earlier, they are a far cry from Socialism and are often trying to seek capitalism and private ownership with some governmental intervention rather than direct government ownership or management (which would be socialism).
Is capitalism and communism the same and why?
No. Communism in the sense Marx, Engels, Lenin, Trotsky and others have meant it is in almost no way imaginable similar to capitalism, aside from the fact that both are better than the systems that came bfore them. Capitalism is better than feudalism and communism is better than capitalism. Communism in the sense most people mean it, Stalinism, has some more things in common with capitalism, both are very repressive and bureaucratic for example.
What is classical socialism?
"Classical socialism" usually refers to the conception of socialism that emerged in the late-19th century as an economic system that operated according to different economic laws than those that operate in capitalism. These included the idea of economic planning in place of markets for capital goods, measuring value in physical quantities instead of using money, and public ownership of resources in place of private ownership, along with worker's democratic management in the economy. "Classical socialism" differed from later developments in the 20th century, especially neoclassical socialism, which included a role for money and prices in a socialist system, and the Soviet-type economic system (sometimes called "actually-existing socialism"), which was meant to be a transitional economy in-between capitalism and pure socialism.
