What are the basic similarities between capitalism and communism?

Answer 1

Answer 1

in both systems,someone or a group of people control the masses.The capitalist system has this idea of private ownership.but the state imposes taxes on private property,so if you stop and think the property does not belong to you.In the communist system,the state owns everything.

Answer 2

It is hard to compare since Communism is a government political system and Capitalism is an economic system. Historically Republics have a economic system of Capitalism and Communist governments used Socialism. However, some Communist countries are switching to a Capitalist system to bring economic stability to their countries. i.e. China. According to Marx, capitalism is a necessary precursor to a socialist system, and this socialist system should eventually evolve into communism.
Nothing except they are ideas about how people should govern.

Answer 2

If by communism you mean what people usually call communism, ie. Stalinism, then both are repressive politically and economically, both are accompanied by very bureaucratic states and neither are societies which can last too long historically. Capitalism is no longer able to continue existing for very much longer but capitalism from it's infancy through to maturity can last considerably longer.

Answer 3

There are none really. Communism, when Marx and Engels, Lenin, Trotsky and others (not including Stalin!) refers to a final stage of human history and development when there are no classes anymore, no war, poverty, etc. Between this world we live in and the world just described one can find only a few similarities, such as there are people, they do things, some stuff like that but that is as far as it goes!

Answer 4

An economic system is nothing more than the way in which resources are distributed or allocated in a particular society. America today is said to have a capitalist economic system, because a particular class of people (capitalists) own the means of production (businesses and the like) and thus most of the wealth in the country. In a communist economic system, by contrast, wealth and resources are allocated in a communally and in a more or less egalitarian fashion (less inequality). These types of societies dominated in mankind's early history (as hunter gatherers) and still characterize many indigenous societies.

Answer 5

Both are moss of production, but they differ in nearly all other respects. For instance, Communism m has no classes or money or government.

Answer 6

They are both economic systems.