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Communists are somewhat Lockean in their idea of production at least Marx was. They believe that mixing your labor with something makes it yours in a sense. However capitalists are those that make money off of others' labor. They merely own the means of production and take their living from the surplus value of the labor they hire. This is a very crude answer to your question, but I hope it points you in the right direction as to why communists have moral issues with capitalism.

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Wiki User

16y ago
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Wiki User

11y ago

Capitalism is bad because it still takes from your salery (25%) of taxes , but not as bad as socialism where you must pay 60%.

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paulbenn

Lvl 13
2y ago

Capitalism involves exploitation and in equality. Goods and services are produced to make a profit, hence there are homeless people and poor-quality food etc.

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Q: Why is capitalism considered a bad thing by communist?
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there is only one real good reason that capitalism is bad and that is that you might end up losing your job. but if that dose not happen then it means that you will lose your home and you might lose a lot of money when you get your paycheck you might lose up to 50-75 percent of your paycheck. so that again is the main reason on why capitalism is bad, for more information on why capitalism is bad you should watch the Michael Moore move called capitalism a love story


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Capitalism allows people to own private property, have the right to gain wealth and compete in the market. This promotes a growing economy where competing industries produce higher-quality products. Capitalism also allows individuals to earn money based on the importance of their role in society. If doctors didn't earn more than carpenters, no one would become a doctor and we'd have a shortage. This system encourages people to contribute to the economy, thereby gaining wealth for themselves and promoting wealth for others. Capitalism is not without it's flaws, and there are many different forms of it. (see the related link for a historical perspective on Western capitalism)


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