0
Capitalism and Socialism can not be compared, because they are two complete different ideas that do nothing but conflict with each other.
Wiki User
∙ 13y ago
paulbenn
Capitalism: class ownership; exploitation; production for sale; massive inequalities.
Socialism: common ownership; equality; production to meet human need
Add your answer:
Earn +20 pts
What countries have all communism capitalism and socialism?
Which countries that are under communism , socialism and capitalism
What types of economic systems exist throughout the world today?
capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy
What does Bosnia practice communism socialism or capitalism?
Capitalism
IN WHAT do capitalism and socialism differ?
Capitalism allows for more freedom for businesses than socialism does
Is Portugal communism socialism or capitalism?
No. Communist don't have much power.
Is socialism working better than capitalism?
no, socialism isn't better than capitalism because capitalism has a free market and people get rich easily.
What countries have all communism capitalism and socialism?
Which countries that are under communism , socialism and capitalism
What types of economic systems exist throughout the world today?
capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy
What does Bosnia practice communism socialism or capitalism?
Capitalism
A political ideology of a gradual transition from capitalism to socialism?
What political ideology of a gradual transition from a capitalism to socialism
IN WHAT do capitalism and socialism differ?
Capitalism allows for more freedom for businesses than socialism does
What would be considered a compromise between capitalism and socialism?
There can be no such compromise, as Socialism and capitalism are completely distinct systems. Socialism means a classless stateless society based on production for use, while capitalism has a class division and production for profit.
Do Romania use capitalism socialism communism?
Now Romania has an anarchic capitalism.
Is Portugal communism socialism or capitalism?
No. Communist don't have much power.
Does capitalism engage in centralized planning whereas socialism does not?
There are many types of capitalism and socialism. Types of capitalism which engage in central planning include state-capitalism, or corporate capitalism. Types of socialism which engage in central planning include communism, and state socialism. Types of capitalism which do not engage in central planning include laissez faire capitalism, american libertarianism, or anarcho-capitalism. Types of socialism which do not engage in central planning include mutualism, and libertarian socialism. Of course, all institutions involve some degree of central planning, ie a corporation, a collectively run factory, or a family.
Is freedom of choice capitalism or socialism?
Under capitalism, most people have little freedom of choice, as they have to work for an employer. Socialism will provide much more freedom, without the coercion of the wages system.
Is socialism a big mistake?
No, socialism is not a mistake. It is a post-capitalism or an alternative to capitalism that will emerge sooner or later when humanity moves beyond the need for a capitalist system.
