Short answer: It does not work.
Longer answer:
Last: The Socialist ideal is shown to not work but the Socialists idea that all people should be supported in a way that is humane is embodied in most countries as Welfare, Minimum levels of health care and other programs to insure that the disadvantaged are not abused and have the opportunity to improve their situation.
Provides little incentive to improve the methods of production
Capitalists economic system
socialism
This will depend on where you live and what you believe . Some countries have communist states and others have capitalist states.
No countries have or could have a Communist economic system. Communism is a classless stateless society based on production for use, with no money and no economy. Also, it would have to operate at a global level.
To maintain control of the economy and the people that live there.
Capitalists economic system
socialism
Historically, most Communist countries had planned economies (indicative of communist economic theory), but today, most Communist countries actually have capitalist economies with strong state presence.
This will depend on where you live and what you believe . Some countries have communist states and others have capitalist states.
No countries have or could have a Communist economic system. Communism is a classless stateless society based on production for use, with no money and no economy. Also, it would have to operate at a global level.
Capitalism is the economic system currently replacing Communism in former Soviet countries.
To maintain control of the economy and the people that live there.
There is no member of the EEC that has adopted a communist economic system.
Individuals can work to make profits in the communistic economy of China, as example. However, the Communist Politburo of China makes all major economic decisions. Major means of production are controlled by the leaders of the communist party. No other party but the communist party exists in China.
Generally speaking, Communist countries have a horrible track record on questions of human rights, economic prosperity, social mobility, and internal stability.
There are not a lot of communist countries left in the world, but there was a time when people used to try to flee from communist countries. In some cases they were getting away from abusive dictatorial governments, but more often they just wanted to go to a country where the economy was healthier and they could enjoy a higher standard of living. Communist countries have usually had severe economic problems, and that is the main reason why people eventually rejected communism in most of the formerly communist countries. China is a special case, and although the Chinese government claims to still be communist in nature, it has adopted a mixed economic system, with elements of both communism and capitalism.
He thought of the, as unequals. He believed they earned more than they should