Soviet communism is characterized by state ownership of the means of production, with the government controlling economic planning and distribution of resources to promote equality and eliminate class distinctions. In contrast, American capitalism emphasizes private ownership, free markets, and individual entrepreneurship, allowing for competition and profit-driven motives. This fundamental difference leads to varying economic incentives, social structures, and levels of government intervention in daily life. Ultimately, Soviet communism aims for collective welfare, while American capitalism prioritizes individual freedoms and economic growth.
Capitalism and communism - APEX.
Western Europe is predominantly private capitalist, while China is a mix of state and private capitalist.
Officially unknown but many predict it was to smoothen the ideological transition
communist ruled by military democracy "governed" by the people
The capitalism in China today is decidedly Western. They are as obsessed with wealth as any Western nation, but it is only for an elite class, and the gap between the poor and rich is much larger.
Capitalism and communism - APEX.
capitalism
Communism: a classless stateless society based on common ownership and production for use. Fascism: an authoritarian variety of capitalism, with wages system, production for sale and no democratic rights.
The main difference between capitalism and communism lies in their approaches to ownership and economic management. Capitalism emphasizes private ownership, individual profit, and free markets, allowing supply and demand to dictate production and pricing. In contrast, communism advocates for collective ownership of resources and means of production, aiming for a classless society where goods are distributed based on need rather than profit. This fundamental difference leads to distinct economic structures and societal values in each system.
Marx talked about the dictatorship of the proletariat as the transition between capitalism and Communism. This just meant the working class taking temporary control of the state and using it as part of the changeover to a classless society.
Socialism is not a compromise between capitalism and communism, it is a distinct economic system and mode of production. A "mixed economy" is often cited as being a compromise between socialism and capitalism, but in practice most mixed economies are interventionist capitalist economies.
Captilism is about only recieving what you you give to your country. while communism states that everyone is equal so everybody gets anequal reward regardless how long you work or your proffesion
Communism has no economy, as it has no money or wages or prices. A real free market probably doesn’t exist, but market economies rely on production for profit and exploitation of those who really produce the goods and services.
Russian communism was based on the middle class working man. Since the Chinese did not have a working middle class it was a communism based on the peasant class Russian a democracy now Actually Russia is spelt Russia not Russian and they are not a Democratic State they are Socialist which is a form of Marxism.
In Communism the resources of the planet belong to all the people and are used to meet human need. No classes, no rulers. No money, no borders. Under capitalism a very small number of people own the means of production and live very well by exploiting those who produce the wealth.
The major cause for the Cold War were Ideological difference between the two super blocs viz. USA - supporting capitalism and USSR supporting Communism
communism vs. capitalism