What us the difference between capitalism and communism?

Answer 1

depending upon the situation one is better than the other, but for poor people communism is the way to go if it is tackled well.
Personally, I think communism may be the better idea giving everybody equal economic power and having the state own property and control the economy. It's a very generous system for the poor and lower class. Karl Marx definitely had a good idea going, plus it has an awesome symbol ☭.

But as far as putting one into practice, I would probably prefer capitalsim. Even though communism sounds great, think of being equal to everyone else in terms of your economic situation, although you don't have to worry about being terribly poor you also cannot be terribly rich either. Plus in the early days of communist Russia, there were very, very tough economic times meaning it is probably a bear to get started. So maybe it's just my selfish side kicking in, but I think I would rather live in the US than the old Soviet Union.

I agree, Capitalism is a better way to go, because it motivates people to work, communism de-motivates therefore productivity suffers.

Capitalism should be regulated by a third party entity, typically a government. We have seen in the recent years that capitalism can be just as bad as communism if it is unregulated. As corporations have no allegiance to any country or community, only to $$$ the quality of life for the majority of the society goes down. Corporations become to powerful and "buy" governments to serve their agenda. In the process they maintain the status quo, suppressing progress and any innovation.

Answer 2

A socialist government is a form of left-wing politics where the state help people in their lives and brings equality, freedom and democracy to the people of a nation while taking control of all matters affecting the state. Capitalism is a political ideology where the people of a state are given freedom and are survive on their own without help from the government. This gives a population freedom but the government which allows private companies to work without intervention can risk an economy where for example, a bank without any regulation laws can loose the money of thousands of people because of a lack of regulation of the direction of capital. Socialism can lead to the downfall of a nation because of man's love for power. the USSR, after the revolution was a democratic communist state but it soon turned into another dictatorial and imperialist regime because the people lost their ability to intervene in government procedures. Capitalism does not imply democracy however because those who are in power usually belong to an elite class, this is an oligarchy(an small elite controlling the affairs of the state), the people of the nation are 'free' but are not in control of the country's matters. Capitalism also has a tendency of being a a win-lose form of government, someone will always win but most will keep the dream that they will one day succeed, (this is the basis of the American dream). the truth is that not everybody can win, this is why socialism focuses on sharing wealth between the rich and the poor (socialists believe that this way everyone is winning). Capitalism and socialism are just separated about how people believe the class system should be shown in a class-pyramid. This was the basis of Karl Marx's idea, a world were nobody was left behind (in his time 15% of the population had all the wealth) this was the bourgeoisie the rest were left to survive, most worked in factories for the rich and almost every single one of these had never had an education or basic human rights(healthcare, insurance, pension etc),in this time children as young as 6 started to work because their families could not afford to bring them up or even feed them.They had to work to find food. This unbalanced and unjust society kicked off modern socialism, because a wave of syndicates would insure these factory workers ensuring that they could live even though they were ill or hurt in the horrid/awful conditions they worked in. These syndicates would eventually give rise to the worker's parties in politics. These would end up being the left wing organisations> The socialists.. The ones that believe in people's rights and the idea of community. The capitalist's still consider however that individual freedom is better for the population as it would guarantee a well paid of risk of ending your life higher than you could ever end in a socialist state.

i hope that helps make your choice(unless your a liberal)

keep it real.. ;)

Answer 3

Capitalism involves inequality, exploitation, violence and poverty. Socialism will have none of these.

Answer 4

Socialism is better than Capitalism.Because Jesus is a Socialist