Question:

What is the difference between communism and capitalism?

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What are the pros and cons of each other?

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  1. Communism

    - Government controls public and private sectors

    - Government controls the money

    - Government has set rules on private life

    - Social and Wealth classes are completely eliminated

    - Mao Zedong likes communism, huge con

    Capitalism

    - Little government control

    - Free market

    - Competitive businesses

    - You actually have to WORK for your earnings

    - Social and wealth classes exist

    Either thing can go as a pro or con, depending on your opinion.


  2. Capitalism is where the government gives billions of dollars in corporate welfare subsidies to corporations and communism is where the government is one big corporation.

  3. are you serious?

    think

  4. Communism v/s Capitalism :

    Communism is a socioeconomic structure that promotes the establishment of a classless, stateless society based on common ownership of the means of production. It is usually considered to be a branch of socialism, a broad group of social and political ideologies, which draws on the various political and intellectual movements with origins in the work of theorists of the Industrial Revolution and the French Revolution, although socialist historians say they are older. Communism attempts to offer an alternative to the problems believed to be inherent with capitalist economies and the legacy of imperialism and nationalism. Communism states that the only way to solve these problems would be for the working class, or proletariat, to replace the wealthy bourgeoisie, which is currently the ruling class, in order to establish a peaceful, free society, without classes, or government. The dominant forms of communism, such as Leninism, Stalinism, Maoism, Trotskyism and Luxemburgism, are based on Marxism, but non-Marxist versions of communism (such as Christian communism and anarchist communism) also exist and are growing in importance since the fall of the Soviet Union.

    Capitalism is an economic system in which all property is owned by either private individuals or a corporation. Private ownership is sometimes used as a synonym for individual ownership, however the term "private" may also be used to refer to collective ownership of individuals in the form of corporate ownership. Therefore, "privately owned" in the context of this definition means not owned or controlled by the state and operated for profit, and in which investments, distribution, income, production and pricing of goods and services are determined through the operation of a market economy. It is usually considered to involve the right of individuals and corporations to trade, using money, in goods, services (including finance), labor and land.

    There are many advantages and disadvantages to a communist or capitalistic society. According to the American Heritage Dictionary, Capitalism is an economic system characterized by freedom of the market with increasing concentration of the private and corporate ownership of production and distribution means. Capitalism is an internally stable economic system, in that it is consistent with human behavior. People understand that there is no such thing as a free lunch. You have to work to survive, and only the lucky who manage to prosper within the system make it to the top. Capitalism is also externally stable, in that survival in a capitalistic system requires innovation and flexibility to keep up with the changes in supply and demand.

    Communism is a form of socialism that abolishes private ownership. A political theory favouring collectivism in a classless society.

    There are no advantages to communism, no freedom to worship only in a Sate designated religion. You cannot choose your job, your property belongs to the State. As a farmer you only grow what you are told to grow. As a student at school you may not rise any further in your education unless you belong the the elite. Every thing belongs to the State, even your lives.

    Communism is a tool of Satan which He has used to great effect. Every government has within its unseen agenda some form of Communism ruling. Even the word "Politics means "Social relations involving intrigue to gain authority or power".

    Communism is a one party system, and being so it is a strong system and a ruthless system.

    If there are any advantages at all it is that all will work, but your wages will not make you fat, that is for the communist who you work for.

    As a point of interest there are few true Communists in the world. Like all despotic systems it is forced upon the population.

  5. thats kind of hard to answer in a few sentences, since entire volumes have been written on this topic. I'll put it this way. In a communist country, you dont have the first amendment, and if you are a political dissadent, you have a much higher likelihood of being shot.

  6. You really don't know? OK, it's real simple.

    Capitalism is the natural way of doing things. People do honest work, make stuff, and exchange it for stuff that other honest people make. The medium of exchange is money or capital.

    Communism is the unnatural system in which all property is considered to belong to everyone. Hence, no one has an incentive to do honest work, and everyone is miserable except the party members who have special priviledges.

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