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Compare capitalism to communism
Compare capitalism to communism
Compare capitalism to communism
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The Truth Behind Communism Communism is a political theory created by Karl Marx in the 1840’s. The basic principles within it are that all property is publicly owned and that all goods are owned in common by a governing body and are available to all as needed. It doesn't sound so bad, does it? Everyone receives the same amount of everything, so there is total equality. But if you just dig a little bit, you will find that there are actually serious flaws with the practice of communism in a country. Communism as a whole is doomed to fail due to lack of incentives for the people, and the fact that there is no real economy. My first main point is that in communism, there is a lack of incentive for the people. Due to the idea that all citizens are supposed to be perfectly equal to each other, people don’t have the drive to do anything. People who work different amounts earn the same amount, (which isn't much), therefore no one tries to work any harder than the bare minimum. To put it broadly, this led to no innovation in the country, or coming up with new ideas. Why try to come up with better ways to produce energy or manufacture clothes more efficiently if your leader would just provide it for you? This way of thinking leads to the country being years behind other countries in development. …show more content…
In a capitalist system where there is diversity in the market, people will buy what they want to. If a product is not selling, then the company will know that the need to change something about it, or lower the price. In contrast, rising prices show that a product is in high demand. Since the price and quantity of everything is federally regulated in a communist run society, the government won't know if a product is in high demand or not. This severely inhibits the ability of the country to make money, therefore setting back the country's economy as a
Since the end of World War II until the mid- eighties , most Americans could agree that communism was the enemy. Communism wanted to destroy our way of life and corrupt the freest country in the world. Communism is an economic system in which a person or group of persons who are in control. The main purpose of communism is to make social and economic status of all individuals of the same . Deletes inequalities in property ownership and wealth distributed equally to everyone . The main problem with this is that a person who is rich can be stripped of most of his fortune to someone else can have more material goods and be his equal .
While it is great that citizens live under similar economic terms and are assured of the same paycheck every week, communism is not an environment that will allow businesses or people to flourish. On the opposite side of a Capitalist society, where businesses are able to skyrocket earnings, a Communist society affects businesses ability to grow. If each worker is given the same amount of money, this can affect their motivation to do things and go above and beyond. Everyone who earns the same amount of money for the same amount of work seems like a peaceful agreement and a proletariat paradise, but it does not always turn out that way. Unfortunately, communism can often lead to widespread corruption and sometimes encourages greed.
The right for an individual to exercise his or her own economic rights was created, allowing anyone to handle their own economic issues. You are allowed to earn as much money as possible from your products. The Bourgeoisie owned the factories and earned all of the money from the products that the workers made. Communism is the study of how everyone is at peace and works together. There is no need for competition or armies because no wars are going on.
From the late eighteenth century and early nineteenth century major historical events such as the Industrial revolution had occurred. During this period of time Europe was switching into an economy that is focused mostly in the industrial field. From this emerged two social-economic classes, the rich bourgeoisie and the poor proletariats. Furthermore tension brewed from the two groups since the bourgeoisie source of wealth was from the exploitation of the proletariats. Karl Marx and Friedrich Engels’ book The Communist Manifesto responded to the situation and created a vision of an equal communist society. The Communist Manifesto was defined by the abolishment of the bourgeois sovereign rule that followed to a revolution against capitalism
There is always at least one odd duck, which stands out from the crowd. The same is true when it comes to politics. One of the most controversial political ideas to ever come to power, is communism. Branching from the socialist party, in 1848, extremist Karl Marx expressed his theories in The Communist Manifesto. This is a text that is still debated today. In an article in the Journal of Social Society, William Niemi wrote about Marx’s ideas still present today. “The rethinking about Karl Marx and Marxism continues some 20 years after the fall of the Soviet dictatorship and its satellites.” (Niemi). Within this volume of ideas, Marx expressed many highly debated topics, the most controversial of course, being communism itself. Though many of
Karl Marx is living in a world he is not happy with, and seems to think that he has the perfect solution. I am a strong believer in his ideas. We are living in a time period with a huge class struggle. The Bourgroise exploits and the proletariat are being exploited. Marx did not like the way this society was and searched for a solution. Marx looked for “universal laws of human behavior that would explain and predict the future course of events" (36). He saw an unavoidable growth and change in society, coming not from the difference in opinions, but in the huge difference of opposing classes. He speaks of his ideal society and how he is going to bring about this utopia in his book The Communist Manifesto. I am going to share with you more on his ideas of this “world-wide revolution” (36) that would put an end to social classes and allow people to live with equal sharing which would result in a harmonious and much peaceful world.
In The Communist Manifesto written by Karl Marx and Friedrich Engels, the two German philosophers saw history as the struggle between the working class and the Bourgeois, or middle class (textbook 708). The Communist Manifesto was written in 1848, during the peak of the Industrial Revolution, a time when the Bourgeois made huge profits in manufacturing at the expense of the working class. According to Marx and Engels, the fruits of the Industrial Revolution created a new class of the oppressed modern working class, the Proletariat, which had never before existed because it was neither like serfdom or slave hood in that it was dependent on the Bourgeois to hire them for wage labor. This was the class the two philosophers envisioned would set off a revolution that would overthrow capitalism to end the perpetual class struggle and create a fair society known as Communism.
A general economic problem for the Soviet Union was that there was a lack of profit incentives for productivity. The Soviet citizens would pretend to work because the government would pretend to pay them. One of the main reasons the Soviet Union failed was because seventy percent of the industrial output was going to the military, which is an unrealistic number to maintain while also supporting a country. In the Soviet Union they would create an incentive for an item, but they would get a surplus and then the items would go to waste. In the United States every individual determines their successes or failures. For example, a private owned business can only succeed if the owner and workers have the incentives to make a profit which requires marketing, networking, and putting in many hours. Americans have the incentive to make a larger profit so they can buy better food, bigger houses, and provide more for their family. These incentives lead to Americans figuring out a career path in high school, attending college, and pursuing competitive companies. The Soviet Union and the United States have contrasting economic systems in regards to their government involvement in the economy, economic efficiency, and supply/demand incentives. The Soviet Union’s government was too involved, their production was inefficient, and they lack incentives; all of which led to the collapse of the Soviet
Common misperceptions have convinced Americans over the years that communism is corrupt form of government. In reality, the leaders of so called communist countries are corrupt. Communism is an economic system derived by Karl Marx, which in theory is composed of publicly owned property and wealth spread equally among the population. According to Merino in his preface to What Are Some Concerns About Capitalism?, “Communism’s defining feature is the public, or communal, ownership of capital” in which “the means of production owned and utilized by all for the common good” where there is no difference in the wealth between the people. Communism and capitalism have opposite values, while communism is beneficial for society as a whole, capitalism
Karl Marx and Friedrich Engels’ The Communist Manifesto explores class struggles and their resulting revolutions. They first present their theory of class struggle by explaining that “The history of all hitherto existing society is the history of class struggles” (Marx 14), meaning that history is a repeated class struggle that only ends with a revolution. Marx and Engels’ message in The Communist Manifesto is that it is inevitable for class struggles to result in revolutions, ultimately these revolutions will result in society’s transition to communism.
Communism, originated by the German philosopher and sociologist Karl Marx, began once he fled from the German authorities and started his new life in England. He was considered a threat to the political arena. Communism, in essence, is the government overpowering the people, distributing only small portions of needs to hard working people while keeping the rest of the labor productions to themselves. There are no private properties that exists among a communist group, only public ones. The riches of a wealthy man are confiscated through tax paying and given to the poor. The government runs everything that goes on in the lives of citizens in that area. From transportation
The second section of The Communist Manifesto is the section in which Karl Marx attempts to offer rebuttals to popular criticisms of his theory of governance. These explanations are based upon the supposition that capitalists cannot make informed observations upon communism as they are unable to look past their capitalist upbringing and that capitalists only seek to exploit others. Though the logic behind these suppositions are flawed, Marx does make some valid points concerning the uprising of the proletariat.
Communism has had many drastic changes at a time, but has been able to overcome them. One of the advantages of communism is that everybody has a job, but the downside is that no matter how much you work or whom you work for, you will always be getting paid the same amount of money as everyone else. . In our economy, you must work to make money. The more you work, the more you will get paid and now you will be able to buy what you need, and what you want. In a communist economy, you can work as much as or as little you want, but you will still get paid the same amount of money as everyone else. Why would you want to work so hard if you were going to make the same amount of money? Another weak spot about communism is the fact that consumers will not always get what they desire because the government decides on what you will buying.
Communism had one of the greatest political impacts than any other political ideas in the 20th century around the world. What is important and interesting about communism is its background, concept, and why many countries apply to this idea. This essay will generally focus on the background, ideology, and why the countries and political parties applied to this idea.
As previously stated in the paragraph before, a communist country is more likely to have an efficient economy, which makes it easier for it to grow. Now, there are two sides to an economy growing: it can either go as planned or it can backfire. With the way a communist economy is run, the government has all of the control. If the government decides to take the next step in pushing the economy forward, they need to know if it’s actually ready. Of course if it is then everything will improve, however if there was some bad judgment, then they may be pushed a few steps back instead.